Coming Up Live: Meta Platforms Q4 2024 Earnings Conference Call
Databricks Adds Meta Platforms as Strategic Investor, Closes Credit Facility
Databricks completed a $10 billion financing with Meta joining in. The founder stated that an IPO might occur in a year.
Databricks announced on Wednesday that Meta has become one of its investors, participating in the recent funding round totaling 10 billion dollars. The company also disclosed a 5.25 billion dollar Crediting facility led by JPMorgan. After this round of financing, Databricks' valuation has reached 64 billion dollars.
META (META) Yield Shares Purpose ETF Declares CAD 0.16 Dividend
Live Stock: Stargate Rivals the Scale of the Manhattan Project, Musk Said it's a Pipe Dream
Cantor Fitzgerald Maintains Meta Platforms(META.US) With Buy Rating, Cuts Target Price to $720
