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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 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 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 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,
Meta joins Databricks' mega funding round
CNBC's Deirdre Bosa joins 'The Exchange' to discuss the latest news on AI funding. Justin Baldoni releases unedited 'It Ends With Us' footage featuring Blake Lively Most Complex Dungeons & Dragons Games,
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 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.
4h
Exclusive: ByteDance plans $20 billion capex in 2025, mostly on AI, sources say
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...
11h
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 ...
DMR News (English) on MSN
11h
Meta Unveils AI-Powered Oakley Smart Glasses for Athletes
Meta’s Reality Labs is expanding its lineup of AI smart glasses with a new pair of Oakley-branded spectacles targeted at ...
8d
Meta to cut 5% of employees deemed unfit for Zuckerberg’s AI-fueled future
Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, ...
19h
It sure sounds like Oakley and Meta are making the best smart glasses ever
Meta is reportedly working on several smart devices, including Oakley-branded AI glasses for athletes, including runners.
MIT Technology Review
6d
Meta’s new AI model can translate speech from more than 100 languages
Meta has released a new AI model that can translate speech from 101 different languages. It represents a step toward ...
Mashable
8d
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 ...
20h
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 ...
4d
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.
9d
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 ...
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