Meta backs Databricks as the data analytics startup inches …
Jan 22, 2025 · 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 …
Jan 22, 2025 · 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.
Databricks closes $15.3B financing at $62B valuation, Meta joins …
Jan 22, 2025 · Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. Databricks closes $15.3B financing at $62B valuation, Meta ...
As Databricks heads toward an IPO, Meta joins as a ‘strategic …
2 days ago · Notably Meta was joined as a “new strategic investor,” according to Databricks. The $5.25 billion in debt financing was led by JPMorgan Chase with additional financing from Barclays, Citi, Goldman Sachs and Morgan Stanley.
Meta Platforms Backs Hot AI Startup Databricks As Strategic …
Jan 22, 2025 · Meta Platforms joined a mega-sized venture funding round for the AI unicorn Databricks, the startup said on Wednesday.Meta stock gained during a strong day overall for stocks. The San Francisco ...
Meta Joins Databricks with $10 Billion Investment—AI …
Jan 22, 2025 · Meta has deep experience in open-source AI models such as Llama, and the mission of Databricks is to build upon and extend those technologies. In 2022, Databricks trained its own open-source LLM ...
Meta backs Databricks as startup inches toward IPO, CNBC reports
Jan 22, 2025 · Data analytics software startup Databricks said Wednesday that Meta has signed on as an investor, CNBC’s Jordan Novet reports. As the company that trains the popular Llama open-source large ...
A New Standard in Open Source AI: Meta Llama 3.1 on Databricks
Jul 23, 2024 · We are excited to partner with Meta to release the Llama 3.1 series of models on Databricks, further advancing the standard of powerful open models. With Llama 3.1, enterprises can now build the highest-quality GenAI apps without sacrificing ownership and …
Introducing Meta Llama 3.2 on Databricks: faster language …
Sep 25, 2024 · We are excited to partner with Meta to launch the latest models in the Llama 3 series on the Databricks Data Intelligence Platform. The small textual models in this Llama 3.2 release enable customers to build fast real-time systems, and the larger multi-modal models mark the first time the Llama models gain visual understanding.
Meta Platforms (META) Invests in Databricks Ahead of Startup
Jan 22, 2025 · Databricks, which specializes in data analytics software, announced that Meta Platforms has signed on as an investor. The amount of the investment was not disclosed, but the money follows an already established relationship between the two technology companies.
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