Databricks, a privately held data analytics software company, completed a $5 billion funding round and secured $2 billion in debt capacity at a $134 billion valuation. The firm reported annualized revenue exceeding $5.4 billion, up 65% year-over-year, with AI products now generating $1.4 billion. CEO Ali Ghodsi indicated the company is prepared to go public but remains cautious due to market volatility.
