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Vishu Bheda
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Medial • 5m
An AI startup just started the biggest tech battle ever. They’ve raised $10B in cash, have a $62B value, and 10,000+ customers—and now they’re aiming for OpenAI’s spot. Here’s why the biggest tech companies are backing Sam Altman’s 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, they’re about to change the AI game. Unlike chatbots and image generators, Databricks helps huge companies like Shell and Comcast analyze data with AI. They’ve reached a major milestone: positive free cash flow, and they’re on track to hit $3 billion in revenue by January. With over 10,000 enterprise customers, they’re dominating enterprise AI, while others focus on consumer AI. Backed by elite investors like Andreessen Horowitz. They’re using their funding to hire top talent, develop new products, and expand, without the pressure of going public.
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