Databricks nears record $9.5b VC raise from GIC, others

Databricks nears record $9.5b VC raise from GIC, others

FILE PHOTO: Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Software firm Databricks is nearing a deal that could become one of the largest venture capital funding rounds in history, as investors have shown a strong appetite to own a piece of the fast-growing data analytics firm, three sources said on Friday.