Meta backs data analytics firm Databricks

Meta backs Databricks as the data analytics startup inches toward IPO
Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.
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.
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
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 Databricks with $10 Billion Investment—AI Collaboration Just Got Real
Meta joins forces with Databricks in a $10 billion deal, fueling AI innovation and setting the stage for a potential IPO en route to a global expansion.
Databricks Secures $15.25 Billion in Funding With Meta Joining as First-Time Investor
Leading data and artificial intelligence solutions provider Databricks has completed its Series J fundraising round, generating $5.25 billion in debt finance and $10 billion in equity. The money values the firm at $62 billion and names Meta ( META, Financials) as a first-time investment.
Meta backs Databricks as startup inches toward IPO, CNBC reports
Data analytics software startup Databricks said Wednesday that Meta has signed on as an investor, CNBC’s Jordan Novet reports. As the company
Meta backs data analytics firm Databricks
Databricks said Meta Platforms had joined as an investor in a US$10 billion (A$16 billion) funding round intended to fuel the data analytics startup's expansion plans and new product development. The Series J funding round closed on January 22 and valued Databricks at US$62 billion.
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.
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 ...
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 ...
Business Times1d
Databricks caps US$15 billion fundraise with Meta as new investor
DATABRICKS, one of the world’s most valuable privately held tech companies, said on Wednesday (Jan 23) that it has raised ...
Databricks Lands $15B as Meta Joins AI Bet, IPO Buzz Grows
Databricks raises $15B to accelerate AI growth, expand globally, and strengthen its position ahead of a possible IPO ...
Taiwan News2d
Databricks Announces $15B in Financing to Attract Top AI Talent and Accelerate Global Expansion
Data intelligence leader completes $10B Series J and closes additional $5.25B debt financing SAN FRANCISCO, /PRNewswire/ -- Databricks, the Data and AI company, today announced the final closing of ...
Meta Stock Gains. Investors Shrug Off Bigger-Than-Expected $65 Billion AI Spending Plan.
Meta stock gained after Mark Zuckerberg pledged to commit between $60 billion and $65 billion this year to capex.