Databricks, a data and AI company, raised $10 billion in a funding round led by Thrive Capital, with participation from prominent firms like Andreessen Horowitz and DST Global. The funds will support AI product development, strategic acquisitions, and international expansion. CEO Ali Ghodsi emphasized the company’s commitment to leveraging data across industries, while VP Naveen Rao noted the round’s historic scale. Databricks aims to exceed a $3 billion annual revenue run rate by January 2025, reporting over 60% revenue growth. With new global hubs and a partnership with AWS, Databricks solidifies its position in the competitive data solutions market.