Meta backs data analytics firm Databricks

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 accumulates $15B through funding; Meta joins as investor
Databricks, a competitor for data cloud platforms such as Snowflake (NYSE:SNOW), has raised $15B through recent fundraising and debt financing, and also gained Meta Platforms (NASDAQ:META) as a 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 valuation.
Databricks CEO talks Meta investment and the future of closed vs. open source AI
Ali Ghodsi, Databricks CEO, joins 'Money Movers' to discuss Databricks recent investment from Meta, and much more.
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 Series J funding at $62 billion valuation, Meta joins as new investor
Databricks, a firm specializing in Data and AI, has completed its Series J funding round, with the company now valued at $62 billion. The funding round included participation from existing investor QIA,
Meta: $750 Is Possible In 2025
Meta Platforms has a massive catalyst in smart glasses with an aim to replace smartphones in the future. Find out why I am ...
Forget your friends, Meta is bringing AI character creation to WhatsApp
WhatsApp plans to integrate Meta AI character creation into its Android app. Here’s what the upcoming feature could look like ...
decrypt12d
Zuckerberg Knowingly Used Pirated Data to Train Meta AI, Authors Allege
A recent court filing in an ongoing lawsuit against Meta alleges Mark Zuckerberg approved the AI dataset despite internal ...
Meta Q4 Preview: The Social Media Empire Is Burgeoning, But I Want Better Value
Meta Platforms, Inc.'s Q4 2024 is poised to show 24% revenue growth YoY, driven by AI-driven user engagement and strong daily ...
Mashable8d
Meta's crackdown on adult content fails to stop AI nudify apps from flourishing
AI-generated nudifier apps are skirting around Meta's policies and running ads on Facebook and Instagram. Credit: Jakub ...
Yahoo Finance12d
Is Meta Platforms’ (META) AI Innovation the Key to Future Profits?
We recently published a list of 10 Latest AI News You Shouldn’t Miss. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against other latest AI ...
Meta upgrades WhatsApp with a cross-posting feature for all your other profiles
Meta states its delivering this cross-posting option in the menu when creating a WhatsApp Status. Users don't have to ...
Internal messages from Meta’ leaders reveal fierce AI rivalry
From October 2023, these messages between VP of Generative AI Ahmad Al-Dahle and AI researcher Hugo Touvron illustrate the ...