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,

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