Databricks is finalising a US$1 billion Series K funding round that values the San Francisco-based data and AI firm at more than US$100 billion, making it one of the few private companies to reach hectocorn status. Several media reports in August said Databricks had already signed a term sheet for the round. The investment is [...] The post Databricks Finalises US$1B Raise, Reaches Hectocorn Valuation Above US$100B appeared first on Fintech Singapore.