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SAN FRANCISCO, Calif., June 12, 2024 – Databricks, the Data and AI company, today announced several innovations to Mosaic AI to help customers build production-quality Generative AI applications.

Databricks' vice president of AI likened looking for top researchers to "looking for LeBron James." Naveen Rao told Command Line that probably fewer than 1,000 researchers could build frontier models.

As AI took off in a big way this year, driven in large part by the release of OpenAI’s ChatGPT last November, Databricks saw a way to put that data to work and drive the message.

Databricks landed the biggest acquisition of the generative AI era to date when it bought MosaicML in June for $1.3 billion. It was a nearly 6x markup on MosaicML’s previous valuation of $222 ...

This article is more than 2 years old. The San Francisco-based Data and AI company, Databricks, has announced its definitive agreement to acquire MosaicML, a leading platform in generative AI.