UAE's MGX co-leads Databricks strategic funding round
UAE-based technology investment company MGX has jointly leading a $5 billion funding round for artificial intelligence firm Databricks. Coatue, Blackstone, T Rowe Price and new investor Sixth Street Growth co-led the funding round for the company, which recently closed with a valuation of $190 billion. “The investment will drive further innovation across Databricks’ AI platform, enabling more…
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- UAE's MGX co-leads Databricks strategic funding round thenationalnews.com
