Databricks has acquired generative AI startup MosaicML for $1.3bn.
The acquisition enables Databricks to merge its own AI technology with MosaicML's language-model platform, thereby offering businesses a cost-effective solution to maintain data control and security.
Ali Ghodsi (pictured), Co-Founder and CEO, Databricks, said: “Databricks and MosaicML have an incredible opportunity to democratize AI and make the Lakehouse the best place to build generative AI and LLMs.”
As part of the deal, the MosaicML team will join Databricks, and its platform will be gradually integrated into the Databricks Lakehouse Platform.
Naveen Rao, Co-Founder and CEO, MosaicML, said: “Together with Databricks, we will tip the scales in the favor of many — and we'll do it as kindred spirits: researchers turned entrepreneurs sharing a similar mission.”
