For my last issue of the year, I’m focusing on the AI talent war, which is a theme I’ve been covering since this newsletter launched almost two years ago. And keep reading for the latest from inside Google and Meta this week.

Databricks has secured a $62 billion valuation after raising a whopping $10 billion in one of the largest venture capital funding rounds in history, underscoring the unprecedented appetite for fast-growing private companies that have seen accelerated growth due to AI.

The $10 billion investment (which included OpenAI investors Thrive Capital and Andreessen Horowitz) is one of the largest venture rounds in history, and is equal to the largest single investment in the AI space—Microsoft’s $10 billion investment in OpenAI early last year.

Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were

"It's peak AI bubble," DataBricks' CEO Ali Ghodsi told Dan Primack at Axios' AI+ Summit in San Francisco. Why it matters: Earlier on Tuesday, Databricks announced it had secured up to $10 billion in new funding — one of the largest investment rounds in Silicon Valley history — at a $62 billion valuation.

The hyperscalers, cloud builders, HPC centers control the design and manufacturing of own AI infrastructure. They have big bucks, and they can afford to

Meanwhile, Perplexity raised $500 million for its AI search and immediately bought AI startup Carbon. And continuing the AI funding bubble boom, Sandbox AQ raised $300 million. But the business is real, as AI is expected to drive enterprise tech upside next year.

Andy Konwinski is offering the hefty prize to anyone who can get an open source AI model to score up to 90% on a benchmark that tests coding ability.

Databricks is nearly finishing collecting $10 billion for its Series J founding round.

Databricks co-founder Andy Konwinski offers a $1 Million bounty to incentivize groundbreaking advancements in AI-powered code generation

The massive funding round for the 11-year-old San Francisco-based “data intelligence platform” will be used to accelerate its AI efforts, with co-founder and CEO Ali Ghodsi telling Fortune this week that he’s in a “war for AI talent right now” against the likes of OpenAI, Anthropic and others.

Cloud data platform provider Databricks Inc. today announced that it’s raising a very late-stage $10 billion funding round at a $62 billion valuation.