MosaicML

Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
July 14, 2023  |  Acquisitions

Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence...

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Data Management Firm Databricks to Acquire AI Startup MosaicML for $1.3 Billion
Data Management Firm Databricks to Acquire AI Startup MosaicML for $1.3 Billion
June 26, 2023  |  Acquisitions

Databricks is buying generative artificial intelligence (AI) startup MosaicML in a $1.3 billion deal. The acquisition is designed to meet the rapid demand among businesses for their own version of ChatGPT,...

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