Databricks Acquires MosaicML

June 26, 2023

Databricks has entered into a definitive agreement to acquire MosaicML, a generative AI platform, for approximately $1.3 billion (inclusive of retention packages). The MosaicML team and technology — known for the MPT family of LLMs and model-training optimizations — will be integrated into the Databricks Lakehouse to expand Databricks' generative AI and model-training capabilities.

Buyers
Databricks
Targets
MosaicML
Location
California, United States
Transaction Type
Buyout

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