Databricks acquires MosaicML for $1.3 billion

Databricks, the American unicorn specializing in data storage and analysis thanks to artificial intelligence technologies, has just finalized the acquisition of MosaicML for $1.3 billion.

This company, founded just 3 years ago, offers industrial companies a platform enabling them to build cutting-edge generative AI models using their own data, i.e. algorithms that draw on existing content to generate new content from multiple sources, as ChatGPT does, for example.

Databricks, which is featured in the Odyssey Vintage Altaroc Odyssey , plans to integrate the MosaicML solution into its existing portfolio of cloud solutions to meet strong demand from its customers.

Databricks, which is valued at over $38 billion, is experiencing dazzling growth. The company has recorded sales of over $1 billion in 2022 ( up 60%), and relies on strategic acquisitions. It recently acquired Okera, a data governance platform based on artificial intelligence, and Rubicon, a start-up specialized in data storage.