Databricks to acquire MosaicML for $1.3bn.

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.