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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.
Databricks CEO talks Meta investment and the future of closed vs. open source AI
Ali Ghodsi, Databricks CEO, joins 'Money Movers' to discuss Databricks recent investment from Meta, and much more.
Meta Joins $10 Billion Databricks Funding Round Amid AI Boom
Meta Joins $10 Billion Databricks Funding Round Amid AI Boom Databricks announced that Meta Platforms (NASDAQ:META) participated in its $10 billion Series J funding round, valuing the data analytics startup at $62
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.
7h
on MSN
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective ...
19h
on MSN
Why Broadcom Inc. (AVGO) Among the Best Semiconductor Stocks to Buy for the AI Boom
We recently compiled a list of the 10 Best Semiconductor Stocks to Buy for the AI Boom. In this article, we are going to take ...
1d
on MSN
What companies can learn from the gold rush for the AI boom
Negative aspects of the AI boom are now coming to light, whether in handling copyrights, bias, ethics, privacy, security, or ...
1d
Intel: Misses AI Boom And No Hyperscaler To Buy The Company
Intel Corporation's struggles in AI growth and declining market share raise concerns for investors, making it a speculative ...
The Stanford Daily
9h
Levin calls for strategic AI investments at Hoover Institution event
President Jon Levin ’94 and several experts expressed hope for AI-driven economic growth, while raising critical questions ...
1d
on MSN
Why Is Marvell Technology, Inc. (MRVL) Among the Best Semiconductor Stocks to Buy for the AI Boom?
We recently compiled a list of the 10 Best Semiconductor Stocks to Buy for the AI Boom. In this article, we are going to take ...
devdiscourse
1d
AI Boom: Major Investment in Stargate Project
President Donald Trump is set to announce up to $500 billion in private sector AI infrastructure investment. The initiative ...
Recharge
6h
Stargate AI boom trumps offshore wind downs as Siemens Energy eyes US 'sweet spot'
US offshore wind only accounts for fraction of energy technology giant's revenue while data centre power grab should fuel big ...
6d
on MSN
Can the AI boom save NY’s ailing commercial properties?
President-elect Donald Trump and SoftBank CEO Masayoshi Son announced $100 billion in US investments to create more than ...
1d
on MSN
What is the ‘Stargate’ AI project?
Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI ...
3d
3 Analogies Between The AI Hype And The Dot-Com Bubble - Would History Repeat Itself?
Considering the growing scepticism of AI, it’s hard not to draw analogies between the AI hype and the dot-com bubble. Here's ...
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