Features

Databricks: We’re a Data Intelligence Platform Now

Five years ago, Databricks debuted the world’s first data lakehouse, which combined the beneficial aspects of data lakes and data warehouses. Thanks to the rise of AI, the nature of data platforms is changing, which ne Read more…

What Is MosaicML, and Why Is Databricks Buying It For $1.3B?

Databricks shocked the big data world last week when it announced plans to acquire MosaicML for a cool $1.3 billion. With just $1 million in revenue at the end of 2022 and $20 million so far this year, some speculated th Read more…

Databricks’ $1.3B MosaicML Buyout: A Strategic Bet on Generative AI

Databricks is the latest company to place a large bet – to the tune of $1.3 billion – on generative AI. On the first day of its sold-out Data + AI Summit, the company announced a definitive agreement for the acquisit Read more…

This Just In

MosaicML Trains Generative AI Models Faster with Oracle

Aug 24, 2023 |

AUSTIN, Texas, Aug. 24, 2023 — MosaicML, a software development provider that offers infrastructure and tools for building large-scale machine learning models, selected Oracle Cloud Infrastructure (OCI) as its preferred cloud infrastructure to help enterprises extract more value from their data. Read more…

Databricks Signs Definitive Agreement to Acquire MosaicML

Jun 26, 2023 |

SAN FRANCISCO, June 26, 2023 — Databricks today announced it has entered into a definitive agreement to acquire MosaicML, a leading 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. Read more…