In a landmark funding round, AI startup Databricks has successfully raised $10 billion, the largest venture deal in the U.S. this year, propelling its valuation to an impressive $62 billion. This significant investment, which includes support from major players such as Nvidia, SoftBank, and Kleiner Perkins, positions Databricks as a frontrunner in the competitive data analytics and AI sectors. The funding is seen as a stepping stone towards a future IPO as the company continues to expand its global footprint while capitalizing on the booming AI market. With this new capital, Databricks aims to further develop its innovative solutions, which had recently gained traction by offering its initial products for free.