Databricks is acquiring MosaicML, a generative AI startup, in a deal valued at $1.3B. This partnership aims to empower businesses to create their own language models using proprietary data, rather than relying on third-party models trained on public data. Key points: - The acquisition will offer enterprises a unified platform for managing data assets and building secure generative AI models.
- MosaicML, specializing in cost reduction for generative AI, will operate as a standalone service under Databricks.
- Databricks' Lakehouse platform will integrate MosaicML's large language models.
- The MosaicML team, including CEO Naveen Rao, will join Databricks after the acquisition.
- MosaicML, based in San Francisco and founded in 2021, has raised $64M in funding from investors like Lux Capital and DCV.
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