Databricks' valuation jumped 44% from 2023.
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- Databricks is raising $10 billion, boosting its valuation to $62 billion.
- The funding round is led by Thrive Capital and includes major investors like Andreessen Horowitz.
- Databricks plans to invest in AI products, acquisitions, and international expansion.
Databricks is raising $10 billion in its latest funding round, bringing its valuation to $62 billion, the AI startup said on Tuesday.