Acquire

Databricks to Acquire Generative AI Startup in $1.3B Deal | CRN

by
ARTICLE TITLE HERE

Software news Rick Whiting June 26, 2023, 4:22 PM EDT Databricks will integrate MosaicML technology with its data lakehouse platform, allowing users to build and train models using their own data. Data lakehouse provider Databricks has reached an agreement to acquire generative AI platform provider MosaicML for approximately $1.3 … Read more

Generative AI: Databricks to Acquire MosaicML for $1.3B – High Performance Computing News Analysis | insideHPC

by
Generative AI: Databricks to Acquire MosaicML for $1.3B - High Performance Computing News Analysis | insideHPC

San Francisco-based data and AI startup Databricks today announced a $1.3 billion deal to acquire generative AI platform MosaicML, whose large language models (MPT-7B and MPT-30B) have over 3.3 million downloads. The goal of the acquisition: to reduce the time and cost of training large language models for generative AI, the companies said. Databricks, which … Read more