In October, OpenAI raised $6.5 billion, while Databricks is poised to raise $10 billion, reflecting sustained investor enthusiasm despite market challenges in A.I.
OpenAI's expected loss of $5 billion this year on $3.7 billion in sales illustrates the high costs of A.I. ventures, yet investor confidence remains strong.
Databricks has transformed into a leading A.I. company, helping enterprises manage data and positioning itself for a revenue run rate exceeding $3 billion.
With over 10,000 customers, including major companies, Databricks’ growth signifies that innovative A.I. solutions continue to attract significant capital investment.
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