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Vishu Bheda
ย โขย
Medialย โขย 4m
An AI startup just started the biggest tech battle ever. Theyโve raised $10B in cash, have a $62B value, and 10,000+ customersโand now theyโre aiming for OpenAIโs spot. Hereโs why the biggest tech companies are backing Sam Altmanโs toughest competitor: Databricks, a company that's been quietly building for 11 years. They just raised massive $10 billion, nearly double OpenAI's latest funding. With a valuation of $62 billion, theyโre about to change the AI game. Unlike chatbots and image generators, Databricks helps huge companies like Shell and Comcast analyze data with AI. Theyโve reached a major milestone: positive free cash flow, and theyโre on track to hit $3 billion in revenue by January. With over 10,000 enterprise customers, theyโre dominating enterprise AI, while others focus on consumer AI. Backed by elite investors like Andreessen Horowitz. Theyโre using their funding to hire top talent, develop new products, and expand, without the pressure of going public.
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