Databricks buys MosaicML for $1.3B to power custom enterprise AI
Databricks just announced the acquisition of generative AI startup MosaicML in a massive $1.3 billion deal. Known for efficient models like MPT-7B and MPT-30B, MosaicML specializes in helping companies train and fine-tune LLMs on their own proprietary data at lower costs. Why it matters: Enterprise customers can now build secure, tailored models directly inside Databricks Lakehouse without exposing sensitive data to third parties.