💨 Abstract

Databricks, a data analytics startup, announced a $10 billion funding round led by Meta Platforms. The funding will support expansion and new product development. Databricks offers a platform for complex data analysis and AI application building, and works closely with Meta's language model team. The investment aims to strengthen their partnership. The startup is valued at $62 billion and has secured a $5.25 billion credit facility.

Courtesy: theprint.in