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Databricks acquires AI startup MosaicML

By Krystal Hu and Tiyashi Datta

Jun 27 2023 6:51AM

In US$1.3 billion deal.

Databricks acquires AI startup MosaicML

Databricks has agreed to acquire artificial intelligence (AI) startup MosaicML in a mostly stock deal valued at US$1.3 billion ($1.95 billion), marking Databricks' latest efforts to build an ecosystem for enterprises to train their own AI models. The deal comes at a time when AI development ...

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