AI startup Databricks valued at US$28b, tech giants join funding

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(The Malay Mail)

Artificial intelligence startup Databricks said yesterday it raised fresh capital at a US$28 billion (RM113.27 billion) valuation, with investments coming from Microsoft, Google and Amazon.

The startup, which develops technology that delivers improved analytics to cloud computing platforms, has some 5,000 customers, including 40 per cent of Fortune 500 companies, which use the service for data engineering.

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