Core Insights - Databricks has raised over $4 billion at a valuation of $134 billion, highlighting investor confidence in the potential of artificial intelligence [1] - The company reported a revenue run rate exceeding $4.8 billion in Q3, reflecting a growth of over 55% year-over-year [2] - Revenue from AI products and data warehousing each surpassed a $1 billion run rate, while maintaining positive free cash flow over the last 12 months [3] Funding and Investment - The Series L funding round was led by Insight Partners, Fidelity Management & Research Company, and J.P. Morgan Asset Management, with participation from notable investors like Andreessen Horowitz, BlackRock, and Blackstone [1][4] - Databricks plans to utilize the funds to accelerate AI-driven application development, support future acquisitions, expand AI research, and provide liquidity for employees [4] Customer Base and Market Position - The company serves over 20,000 customers globally, including major corporations such as Shell, AT&T, Toyota, Adobe, S&P Global, Warner Bros Discovery, and NBA [5]