Databricks has entered into a definitive agreement to acquire MosaicML, a generative AI platform. Together, Databricks and MosaicML will make generative AI accessible for every organization, enabling them to build, own and secure generative AI models with their own data. The transaction is valued at approximately $1.3 billion, inclusive of retention packages. MosaicML is known for its state-of-the-art MPT large language models (LLMs). With over 3.3 million downloads of MPT-7B and the recent release of … More
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