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Databricks Completes Acquisition Of Mosaicml

PRIVATEJul 19, 2023

Acquiring Company

Databricks

Acquired Company

MosaicML

San FranciscoInformation TechnologySoftwareArtificial IntelligenceAnalyticsinformation technology & services

Description

Databricks, the Data and AI company, announced it has completed its acquisition of MosaicML, a leading generative AI platform known for its state-of-the-art MPT large language models (LLMs). Databricks and MosaicML have a shared vision of making generative AI accessible for all organizations, enabling them to build, own and secure generative AI models, including LLMs with their proprietary data.

Quick answer

Databricks is acquiring MosaicML, announced July 19, 2023. Databricks is based in San Francisco, California, United States.

How much did Databricks pay for MosaicML?
The deal value was not disclosed.
What does Databricks do?
Databricks is the Data and AI company.
Where are Databricks and MosaicML based?
Databricks is based in San Francisco, California, United States.
Who are the decision-makers at Databricks?
Fundz holds 5 contacts at Databricks. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Analytics and information technology & services

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Databricks

Location

160 Spear Street

San Francisco, California, United States

About

Databricks is the Data and AI company. More than 10,000 organizations worldwide — including Comcast, Condé Nast, and over 50% of the Fortune 500 — rely on the Databricks Lakehouse Platform to unify their data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe. Founded by the original creators of Delta Lake, Apache SparkTM, and MLflow, Databricks is on a mission to help data teams solve the world's toughest problems. To learn more, follow Databricks on Twitter, LinkedIn and Facebook. Contact: Press@databricks.com SOURCE Databricks

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Frequently asked

Who acquired MosaicML?

MosaicML was acquired by Databricks, based in San Francisco. The deal was reported on July 19, 2023. Databricks is the Data and AI company. Databricks is privately held and operates in Information Technology.

When did Databricks acquire MosaicML?

Databricks's acquisition of MosaicML was reported on July 19, 2023. Databricks, the Data and AI company, announced it has completed its acquisition of MosaicML, a leading generative AI platform known for its state-of-the-art MPT large language models (LLMs). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MosaicML do?

MosaicML enables you to easily train and deploy LLMs and other generative AI models on your data, in your secure environment. Train large AI models at scale with a single command. With a few simple steps, deploy inside your private cloud. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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