Databricks Acquire Generative AI Platform MosaicML
Databricks, a US-based AI firm, has acquired MosaicML, a generative AI platform, for $1.3 billion. The acquisition aims to make generative AI accessible to organizations, enabling them to create, own, and secure models using their own data.
The Databricks Lakehouse Platform, combined with MosaicML’s technology, provides customers with a cost-effective, easy way to maintain control, security, and ownership of their valuable data. This robust platform, combined with MosaicML’s generative AI training, caters to the world’s largest organizations and addresses diverse AI use cases.
MosaicML’s platform will be supported, scaled, and integrated over time to provide customers with a unified platform on which to build, own, and secure their generative AI models.
(With inputs from Shikha Singh)
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