• 11/26/2024

Databricks Strikes $1.3 Billion Deal for Generative AI Startup MosaicML

Wall Street Journal

Databricks has agreed to buy generative AI startup MosaicML in a deal valued at roughly $1.3 billion, a move aimed at capturing the fast-growing demand from businesses to build their own ChatGPT-like tools.

https://www.wsj.com/articles/databricks-strikes-1-3-billion-deal-for-generative-ai-startup-mosaicml-fdcefc06