Databricks to acquire AI service MosaicML

Databricks has signed an agreement to acquire MosiacML for $1.3 billion. MosiacML lets companies train large language models on internal data at lower cost than e.g. OpenAI and build generative AI tools. It is noteworthy that MosaicML only has 62 employees. Not quite Instagram size at time of acquisition, but still not many employees.

Author: Henrik Torstensson

Partner at Alliance VC. Investing in Nordic early-stage tech startups.

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