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.
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 ...
RCR Wireless News8d
As Databricks heads toward an IPO, Meta joins as a ‘strategic investor’
Following 60% year-over-year growth in the last quarter, Databricks continues to bring in major investors to support its ...
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 ...
DeepSeek's breakthrough emboldens open-source AI models like Meta's Llama
DeepSeek's success represents a victory for open-source artificial intelligence models such as Meta's Llama, industry experts ...
DeepSeek’s AI breakthrough powers Meta’s Llama and open-source boom
DeepSeek’s R1 model is reshaping the AI landscape, driving Meta’s Llama and the rise of open-source alternatives.
Network World10d
Meta to invest up to $65B in AI infrastructure, develop an ‘AI engineer’ agent
The company plans to spend up to $65 billion on infrastructure for AI in 2025, and is planning a data center with a footprint ...
SiliconRepublic13d
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 ...
Business Times13d
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 ...
Channel NewsAsia Singapore12d
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.