Databricks acquires LLM pioneer MosaicML for $1.3B

Databricks has announced its definitive agreement to acquire MosaicML, a pioneer in large language models (LLMs).

This strategic move aims to make generative AI accessible to organisations of all sizes, allowing them to develop, possess, and safeguard their own generative AI models using their own data. 

The acquisition, valued at ~$1.3 billion – inclusive of retention packages – showcases Databricks' commitment to democratising AI and reinforcing the...