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Databricks is acquiring MosaicML for a jaw-dropping $1.3 billion

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Data lakehouse vendor Databricks today announced it has signed a definitive agreement to acquire MosaicML, an artificial intelligence (AI) startup based in San Francisco. The deal is estimated to be valued at $1.3 billion. 

In a press release, Databricks said it plans to bring MosaicML’s entire team and technology under its umbrella,…

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