Databricks agrees to acquire generative AI startup MosaicML in a ~$1.3B deal closing in Q2; MosaicML launched in 2021, raised $64M, and has 62 employees (Wall Street Journal)

Databricks agrees to acquire generative AI startup MosaicML in a ~$1.3B deal closing in Q2; MosaicML launched in 2021, raised $64M, and has 62 employees (Wall Street Journal)

Wall Street Journal:
Databricks agrees to acquire generative AI startup MosaicML in a ~$1.3B deal closing in Q2; MosaicML launched in 2021, raised $64M, and has 62 employees  —  The deal aims at connecting businesses’ data with services to help them build their own, cheaper language models, Databricks CEO says