Databricks has entered into a definitive agreement to acquire generative AI platform-provider MosaicML for $1.3 billion.
Upon closing of the transaction, the MosaicML team, including its research team, will join Databricks. MosaicML’s platform will be integrated into Databricks’ offerings over time, providing customers with a unified platform to build and secure their generative AI models.
MosaicML’s MPT large language models (LLMs) has over 3.3 million downloads, according to a statement by the companies. MosaicML customers include AI2 (Allen Institute for AI), Generally Intelligent, Hippocratic AI, Replit, and Scatter Labs.
The proposed acquisition is currently awaiting regulatory clearances and other standard closing conditions.