Databricks Announces Acquisition of Generative AI Platform MosaicML for $1.3 Bn

Databricks, has announced its definitive agreement to acquire MosaicML, a generative AI platform, in a transaction valued at approximately $1.3 billion. The acquisition aims to make generative AI accessible to organisations, allowing them to “build, own and secure generative AI models with their own data.” The CEO of Databricks, Ali Ghodsi, emphasised the goal of […]

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