Announced
Financials
Tags
Friendly
Domestic
Digital Services
United States
artificial intelligence
generative AI
Acquisition
Majority
Private
Pending
Single Bidder
Synopsis
Databricks, the data and AI company, agreed to acquire MosaicML, a generative AI platform, for $1.3bn. "Every organization should be able to benefit from the AI revolution with more control over how their data is used. Databricks and MosaicML have an incredible opportunity to democratize AI and make the Lakehouse the best place to build generative AI and LLMs," Ali Ghodsi, Databricks Co-Founder and CEO.
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