Databricks acquires MosaicML for $1.3 billion in AI power move.
TL;DR Summary
Databricks has acquired MosaicML, an AI startup focused on taking AI beyond the lab, for $1.3 billion. MosaicML's Composer program makes it easy and affordable to speed up the development of AI programs such as OpenAI's GPT. MosaicML's approach implies that whole areas of working with data, such as the traditional relational database, could be completely reinvented. The acquisition brings MosaicML into a vibrant non-relational database market that has been shifting the paradigm of a data store beyond row and column.
- Databricks' $1.3 billion buy of AI startup MosaicML is a battle for the database's future ZDNet
- Databricks snaps up MosaicML to build private, custom machine models The Register
- Databricks Strikes $1.3 Billion Deal for Generative AI Startup MosaicML - WSJ The Wall Street Journal
- SF tech firms unite: Databricks to buy MosaicML for $21 million per worker SFGATE
- Databricks picks up MosaicML, an OpenAI competitor, for $1.3B TechCrunch
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