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Meta backs Databricks as startup inches toward IPO, CNBC reports

Meta backs Databricks as startup inches toward IPO, CNBC reports

Data analytics software startup Databricks said Wednesday that Meta has signed on as an investor, CNBC’s Jordan Novet reports. As the company that trains the popular Llama open-source large language models, or LLMs, that Databricks builds on, Meta plays an important role in the artificial intelligence. Databricks works closely with Meta’s Llama team, the startup’s co-founder and CEO, Ali Ghodsi, said in an interview this week.

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