Databricks Acquires OpenAI Competitor MosaicML for Whopping $1.3 Billion

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[{"selector":"#anim-97aa09db-9fbd-4b81-bf67-f08182d3f99b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53a1ca89-c700-4469-8f6d-8b2a51ea9ca7","keyframes":{"transform":["translate3d(-115.40984%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] A 2-year-old generative artificial intelligence startup called MosaicML will be acquired by Databricks, in a deal worth $1.3 billion in stock, with the retention benefits of the MosaicML team. Image source: MosiacML

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[{"selector":"#anim-a8257803-c185-4fb4-9737-e1ad89842962","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41387a4d-dd6c-4ff6-80af-7ab20bb48f09","keyframes":{"transform":["translate3d(-114.92064%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The whole MosaicML team, including its top-tier research team, is anticipated to join Databricks following the acquisition. Image source: Canva

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[{"selector":"#anim-23379805-b962-4baf-8239-add9f7f3ee4b","keyframes":{"opacity":[0,1]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3dcb5146-7fde-487a-b9cd-e8d55fb5cc89","keyframes":{"transform":["translate3d(0px, -171.77176%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a5b47a6-2832-4180-87a3-ef3ccb9754d2","keyframes":{"opacity":[0,1]},"delay":200,"duration":1500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Get the latest updates on AI developments. Produced by: Sahil Pawar Designed by: Prathamesh Join Now