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Databricks scoops up OpenAI competitor MosaicML for $1.3 billion
Investors continue to pour billions into generative artificial intelligence (AI) as demand for AI applications shows no sign of slowing down. This unrelenting flow of funds also manifests in the increased merger and acquisition activity. The latest is San Francisco-based Databricks.
Investors continue to pour billions into generative artificial intelligence (AI) as demand for AI applications shows no sign of slowing down. This unrelenting flow of funds also manifests in the increased merger and acquisition activity. The latest is San Francisco-based Databricks. […]