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Databricks Valued at $43B After Closing Series I Funding

Databricks has closed its Series I funding after receiving new investments from AT&T and other strategic partners, placing the company at a $43 billion post-money valuation. The funding will go towards accelerating the development of artificial intelligence technologies, generative AI research and hiring new talent with data science and engineering expertise, the San Francisco, California-based company said Friday.Join the Potomac Officers Club’s 5th Annual AI Summit to hear from the foremost experts in the field. Keynote speakers come from the Pentagon, DARPA, DHS and NGA. Register here. ....

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Saudi Arabia's Aramco to Help Fix Nigeria's Refineries, Supply CBN With Foreign Exchange

The Kingdom of Saudi Arabia has pledged to help the Central Bank of Nigeria with its forex liquidity woes and also help in fixing Nigeria's ailing refineries. ....

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Databricks Closes Series I Investment with Additional Participation from Strategic Partners

Databricks Closes Series I Investment with Additional Participation from Strategic Partners
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Databricks Closes Series I Funding at $43B Post-Money Valuation

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Databricks Closes Series I Investment with Additional Participation from Strategic Partners

Databricks Closes Series I Investment with Additional Participation from Strategic Partners
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