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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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Databricks has agreed to acquire generative artificial intelligence startup MosaicML for $1.3 billion, Reuters reported on June 26. Databricks said the deal will combine its artificial intelligence technology with MosaicML's language model platform, allowing companies to "maintain control of their valuable data in a simple and fast way without high costs." It is reported that MosaicML was founded in 2021 and has so far raised $64 million from investors including Lux Capital and DCVC.