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.
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 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.,
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 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
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 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.

Meta is building Oakley smart glasses for athletes

Meta Is Building AI That Can Write Code Like a Mid-Level Engineer, According to Mark Zuckerberg
Meanwhile, OpenAI is reportedly preparing to launch a Ph.D.-level super AI that can complete complex human tasks.
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 ...
The Motley Fool: Meta Platforms has become a major AI player
You may know Meta Platforms for its social media services, but it’s also become a major player in artificial intelligence.
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 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 ...
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 ...
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 ...
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 ...