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MosaicML Acquired for $1.3B, Major AI Startup Deals Kick Off
Recently, big data giant Databricks announced the acquisition of generative AI start-up MosaicML for US$1.3 billion (approximately RMB 9.4 billion). This acquisition, which took place in Silicon Valley, USA, is the largest announcement in the field of generative AI this year. attracted great attention from the industry. MosaicML was established in San Francisco, USA in 2021. It successfully completed the first round of financing shortly after its establishment. Well-known venture capital DCVC, Lux Capital, Future Ventures and other investment institutions participated. MosaicML received a total of 37 million US dollars in financing. At the time of the first round of financing, MosaicML was valued at US$220 million, but in this…