MosaicML Stock

mosaicml.comEnterprise Software / Data IntelligenceFounded: 2020Funding to Date: $33.73MM

Mosaic ML is a company specializing in artificial intelligence (AI) solutions for businesses. They offer a platform that enables organizations to leverage AI technologies and implement machine learning models into their operations.

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News Highlights

Building out generative AI models: Insights from MosaicML
MosaicML, a company that helps enterprises train and deploy large language models (LLMs) and other generative AI systems, was recently acquired by Databricks for $1.3 billion. The company's CEO, Naveen Rao, emphasized the importance of enterprises customizing AI models for their specific use cases and maintaining control over them. He also noted the increasing adoption of generative AI in various sectors, including fintech and healthcare.
Databricks Strikes $1.3 Billion Deal for Generative AI Startup MosaicML - WSJ
Databricks has agreed to acquire generative artificial intelligence startup MosaicML in a deal valued at approximately $1.3 billion. The acquisition is aimed at meeting the increasing demand from businesses to build their own language models similar to ChatGPT.
Updated on: May 23, 2024


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