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.
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 CEO talks Meta investment and the future of closed vs. open source AI
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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 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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