Supabase just hit a $10 billion valuation after its third major funding round in under a year—driven by explosive 600% growth fueled by AI tools that now power over 60% of new databases. With nearly 10 million developers onboard and doubling in just eight months, the platform’s momentum is undeniable, backed by big names like Bolt, Figma, and a fresh $100M round led by GIC. They’re also dropping Multigres, an OS for Postgres, to automate scaling headaches—making Supabase the clear favorite for the future of database dev.

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