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 ...
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 ...
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 ...
Databricks Announces $15B in Financing to Attract Top AI Talent and Accelerate Global Expansion
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 ...
Morgan Stanley Says Emerging Software Cycles Will Drive 2025 Growth — Here Are 3 Stocks to Bank on It
It’s been just over two years since ChatGPT introduced the world to the capabilities – and the potential – of generative AI.
Hedge funds ante-up big bets to kick off Trump's second term
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) -Hedge funds have positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the ...