Data breaks announcing $10 billion in financing, valuing it at $62 billion total,

that makes it one of the most valuable, privately held companies in a growing force in the AI space.

The data analytics company expects to generate positive free cash flow for the first time in the coming quarter.

Deirdre Bosa joins us now for an exclusive interview with the CEO, Ali Goodecci.

Deirdre.

Mal, thank you so much. And Ali, thank you so much for being with us today.

Let me put that number in context in another way.

If this was an IPO, would have been one of the largest by deal size of the last decade.

So, Ali, what does that level of investor demand tell you about the AI economy right now in Databricks' role.

Yeah, it just shows that there's a huge, tremendous interest in one, artificial intelligence,

but also two, what Databix provides is a way in which you can really reduce your total

cost of ownership to TCO, and that's still top of mind because the tale of two cities, kind of.

There's AI companies, they're crushing it, but there's everybody else growing 10, 20%, and they

still want to reduce cost. So a lot of people still come to us so that we can actually reduce

their costs, but they, of course, also wants the AI. Right. So, Ali, we spoke a few weeks ago, and I asked you about a potential IPO. You said the

earliest you would consider it was mid-next year. Has this funding round changed your thinking around

timing or market conditions? I mean, not really. I would say still, the earliest theoretical

possibility would be next year.

But what this does give us is the ability to use some of this proceeds towards liquidity opportunity for our employees.

That's super top of mind for us. That is extremely important for us that we can actually help invest in our employees.

And we're going to actually invest a lot of this back into the business, especially now that, you know, war for talent in AI is crazy.

So we're going to invest a lot in hiring AI talent.

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