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. The company also secure

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Meta backs data analytics firm Databricks as AI boom attracts investors

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Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.

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Meta backs Databricks as the data analytics startup inches toward IPO

Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.

TechCrunch

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Databricks closes $15.3B financing at $62B valuation, Meta joins as 'strategic investor'

DATABRICKS said yesterday (Jan 22) 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.
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Paul Sawers / TechCrunch:
Data analytics startup Databricks closed its $10B Series J, announced in December 2024, with investment from Meta, Temasek, and QIA, and raised $5.25B in debt  —  Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.

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Data analytics startup Databricks closed its $10B Series J, announced in December 2024, with investment from Meta, Temasek, and QIA, and raised $5.25B in debt

Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.
The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman…

BizToc

Data analytics startup Databricks closed its $10B Series J, announced in December 2024 and including investment from Meta, and raised $5.25B in debt

The round, which values Databricks at $US62 billion, was led by Temasek, Macquarie Capital and Qatar’s sovereign wealth fund QIA. Meta also joined as a strategic investor.

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Wealthy families, Macquarie hop on Databricks $24bn financing

DATABRICKS, one of the world’s most valuable privately held tech companies, said on Wednesday (Jan 23) that it has raised more than US$15 billion from companies including Facebook owner Meta Platforms, a wide range of lenders and investment arms of Singapore and Qatar.

Business Times

Databricks caps US$15 billion fundraise with Meta as new investor

Data intelligence leader completes $10B Series J and closes additional $5.25B debt financing  Databricks, the Data and AI company, today announced the final closing of its Series J funding. Existing investor QIA, the sovereign wealth fund of the State of Qatar, along with new investors including Temasek and entities administered by Macquarie Capital, participated in the funding round, which values the company at $62 billion. In addition, Meta ha…

AiThority

Databricks Announces $15Billion in Financing to Attract Top AI Talent and Accelerate Global Expansion

Meta joined a mega-sized venture funding round for Databricks, with the Facebook parent serving as strategic investor. The post Meta Platforms Backs Hot AI Startup Databricks As Strategic Investor appeared first on Investor's Business Daily.

Meta backs data analytics firm Databricks as AI boom attracts investors

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