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