Databricks, a company from San Francisco, recently completed a funding round of 1 billion dollars, valuing itself at 100 billion, which places it among the most valuable private companies in the world.
The revenues will be used to accelerate the artificial intelligence strategy and to expand products. The company has launched an accelerator aimed at artificial intelligence startups, offering investments of up to 250,000 dollars, mentorship, and access to venture capital networks. Databricks has raised nearly 20 billion dollars in total since its inception and has recently made strategic acquisitions, including automated learning startups. With over 10,000 clients, Databricks continues to develop solutions for data analysis, having Romanian-born co-founders.
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