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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 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 more than US$15 billion from companies including Facebook owner Meta Platforms,
Meta joins Databricks' mega funding round
CNBC's Deirdre Bosa joins 'The Exchange' to discuss the latest news on AI funding. Justin Baldoni releases unedited 'It Ends With Us' footage featuring Blake Lively Most Complex Dungeons & Dragons Games,
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
fintechmagazine
2h
How Databricks Raised US$15.3bn at US$62bn Valuation
Databricks attracts Meta investment as JPMorgan Chase leads consortium in combined equity and debt round, signalling shift in ...
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
4d
Databricks raises $15bn to drive global expansion
In October 2024, Databricks further expanded its partnership with Amazon Web Services to accelerate the development of ...
4d
on MSN
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 ...
5d
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.
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 ...
Asia Asset Management
23h
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 ...
4d
Wealthy families, Macquarie hop on Databricks $24bn financing
The round, which values Databricks at $US62 billion, was led by Temasek, Macquarie Capital and Qatar’s sovereign wealth fund ...
5d
Databricks Announces $15B in Financing to Attract Top AI Talent and Accelerate Global Expansion
Databricks, the Data and AI company, today announced the final closing of its Series J funding. Existing investor QIA, the ...
5d
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 ...
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