Big data and AI company Databricks raises $5 billion in debt financing

On January 14th, it was reported by The Information that AI company Databricks raised $5 billion through debt financing. This financing took place after the $10 billion equity financing in December of last year.

In December of last year, big data and artificial intelligence company Databricks announced that it had completed a $10 billion J round of financing with a valuation of $62 billion, led by Thrive Capital and with participation from Andreessen Horowitz, DST Global, GIC Pte Ltd, Insight Partners, WCM Investment Management, and others. Sources revealed that Lightspeed Venture Partners also invested $200 million.