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...

28 June 2023 | Artificial Intelligence

MosaicML’s latest models outperform GPT-3 with just 30B parameters

Open-source LLM provider MosaicML has announced the release of its most advanced models to date, the MPT-30B Base, Instruct, and Chat.

These state-of-the-art models have been trained on the MosaicML Platform using NVIDIA's latest-generation H100 accelerators and claim to offer superior quality compared to the original GPT-3 model.

With MPT-30B, businesses can leverage the power of generative AI while maintaining data privacy and security.

Since their launch in...

23 June 2023 | Artificial Intelligence