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With the initial public offering (IPO) market heating up, data analytics platform Databricks Inc. has been leveraging the renewed interest of venture capitalists to raise funds. As one of the most promising unicorns backed by chipmaker Nvidia Corp., the company raised over $500 million in capital last month, bringing its valuation to $43 billion. The wobbly tech markets failed to deter the data analytics firm, as Databricks has been cashing in on the rising popularity of artificial intelligence

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