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The Latest Breaking News from Ali Ghodsi

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.

Investors Business Daily

Databricks just raised $10 billion in one of the biggest venture capital fundings ever

Databricks just raised $10 billion in one of the biggest venture capital fundings ever

Databricks announced one of the largest venture capital fundings ever, led by Thrive Capital, and is now valued at $62 billion.

Nvidia-Backed Databricks Raises $10 Bil. Next Hot AI Stock?

Nvidia-Backed Databricks Raises $10 Bil. Next Hot AI Stock?

Nvidia-backed Databricks just raised $10 billion in a Series J funding round raising expectations for a blockbuster AI IPO.

Investors Business Daily

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Databricks Nears $55 Billion Valuation With New Multi-Billion Dollar Funding

Databricks is raising $5 billion in cash with a $55 billion valuation.

International Business Times

Databricks CEO thinks we’re on the verge of an ‘intelligence revolution’

The data analytics company is seeing ‘huge demand’ in its business right now, but does not have a timeline for an IPO.

T. Rowe Price, Nvidia, a16z invest in Databricks

The $500 million round comes on the heels of a big acquisition for Databricks.

The inside story of how one of the biggest A.I. deals of the year came together, told by the CEOs

Databricks was interested in an acquisition—but first MosaicML’s CEO had to be convinced that he wouldn’t be buried in bureaucracy.

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How a chance meeting between two A.I. CEOs led to a $1.3 billion deal

How a chance meeting between two A.I. CEOs led to a $1.3 billion deal

A new Fortune report details the story behind Databricks’ acquisition of MosaicML.

A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year.

A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year.

A chance meeting between two CEOs ended up sparking one of the biggest A.I. deals of the year.

Databricks says it’s buying MosaicML in a bid to ‘democratize A.I.’

Databricks says it’s buying MosaicML in a bid to ‘democratize A.I.’

MosaicML’s venture investors aren’t cashing out with the sale, but early backers are on track to make “significant double-digit cash-on-cash returns” when Databricks does exit.

What is Databricks really worth?

What is Databricks really worth?

Databricks says it’s cut its internal valuation about 10%—some of its investors haven’t been as forgiving.

Read 2 of Databricks’ pitch decks

Read 2 of Databricks’ pitch decks

The data management startup has raised billions of dollars from a16z and others. Here’s how the team first pitched investors on their cloud-based vision.

How Databricks became an A.I. sensation

How Databricks became an A.I. sensation

Databricks placed a huge bet on the power of machine learning 10 years ago. That’s positioned the company as a rarity in the current market: a stable decacorn.

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