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Ali Ghodsi

Databricks Strikes $1.3 Billion Deal for Generative AI Startup MosaicML

Databricks has agreed to buy generative AI startup MosaicML in a deal valued at roughly $1.3 billion, a move aimed at capturing the fast-growing demand from businesses to build their own ChatGPT-like tools. Databricks has agreed to buy generative AI startup MosaicML in a deal valued at roughly $1.3 billion, a move aimed at capturing the fast-growing demand from businesses to build their own ChatGPT-like tools. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an…

Databricks Says It Has Surpassed $1 Billion in Annualized Revenue

Databricks Inc. says it has topped $1 billion in annualized revenue, a milestone that comes as the nine-year-old data analytics company looks to acquire other tech startups to drive growth. Co-founder and Chief Executive Ali Ghodsi said he has no immediate plans for a public market debut or to raise another round of investor funding, adding that the San Francisco-based company has enough cash to see it through a prolonged recession. Databricks,... Databricks Inc. says it has topped $1 billion in…