Moreover, Databricks' recent fundraising round and financial revelations may also indicate both its value as a start-up and ...

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Nimble Gravity, a global consultancy specializing in AI, data, and software engineering, has acquired Fog Solutions, a ...

Databricks is one of the most valuable start-ups in the world and could seek a public offering driven by strong tailwinds in ...

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.

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 ...

Nonetheless, Databricks will have to prove it can be a catalyst for the AI ecosystem. A scan of the agenda at summit shows a major focus on LLMOps and how to deploy on Spark.

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.