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Meta backs data analytics firm Databricks
Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’
Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.
Meta backs data analytics firm Databricks as AI boom attracts investors
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development. The Series J funding round closed on Wednesday and valued Databricks at $62 billion.
Databricks Caps $15 Billion Fundraise With Meta as New Investor
Databricks Inc., one of the world’s most valuable privately held tech companies, said on Wednesday that it has raised more than $15 billion from companies including Facebook owner Meta Platforms Inc.,
Meta Joins $10 Billion Databricks Funding Round Amid AI Boom
Meta Joins $10 Billion Databricks Funding Round Amid AI Boom Databricks announced that Meta Platforms (NASDAQ:META) participated in its $10 billion Series J funding round, valuing the data analytics startup at $62
Meta Platforms Backs Hot AI Startup Databricks As Strategic Investor
Meta joined a mega-sized venture funding round for Databricks, with the Facebook parent serving as strategic investor.
4d
on MSN
Databricks co-founder: AI is much broader than large language models
Shiraji, co-founder and senior vice president of field engineering at Databricks, runs through how he sees artificial ...
2d
5 Free Courses To Master High-Paying AI Skills And Future-Proof Your Career
By 2030, 729 million people will be using AI tools. But how do you use them effectively in your work? Here are five free ...
SiliconRepublic
4d
Databricks bags $15bn to expand and attract AI talent
Databricks is now valued at $62bn following its latest round of funding, which it will use to expand and invest in its AI ...
2d
AI spurs an explosion in data center spending. Can it all pay off?
OpenAI debuted its Operator agent system. It’s just a research preview for now, a start toward the promised land of AI agents ...
4d
Databricks Just Secured $15.25B--AI's Next Giant Is Here
Databricks just pulled off a monster funding round, securing $10 billion in equity and an additional $5.25 billion in debt ...
Network World
12h
Meta wants everyone to know that it, too, is investing a lot in AI
The company plans to spend up to $65 billion on infrastructure for AI in 2025, and is planning a data center with a footprint ...
Asia Asset Management
19h
Singapore’s Temasek participates in Databricks’ US$15.25 billion fundraising
Singapore state investment firm Temasek Holdings, Qatar’s sovereign wealth fund, and Facebook owner Meta Platforms are among ...
3d
Databricks completes $10B funding round, raises $5.25B in debt
Reports of Databricks’ funding round first emerged in November. At the time, the company was expected to raise “at least” $5 billion. Reuters reported in mid-December that the number could top $9.5 ...
GlobalData on MSN
3d
Databricks raises $15bn to drive global expansion
In October 2024, Databricks further expanded its partnership with Amazon Web Services to accelerate the development of ...
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