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Home News

Cloudera Expands AI with Verta Acquisition

June 3, 2024
Reading Time: 2 mins read
in News
Cloudera Expands AI with Verta Acquisition

Cloudera has enhanced its AI capabilities by acquiring Verta’s Operational AI Platform. This strategic acquisition will integrate Verta’s expertise and technology into Cloudera’s machine learning group, under the leadership of Chief Product Officer Dipto Chakravarty. By bringing Verta’s team and platform on board, Cloudera aims to strengthen its position in the competitive AI landscape and drive its AI roadmap forward.

Verta, founded on research from MIT, was known for its pioneering work in model management, serving, and governance for predictive and generative AI. Its hybrid and multi-cloud end-to-end AI platform simplifies building, operationalizing, monitoring, securing, and scaling AI models across enterprises. This technology addresses key challenges in AI deployment, making it easier for organizations to leverage AI effectively.

The addition of Verta’s technology will significantly enhance Cloudera’s platform capabilities, particularly in creating and optimizing large language models (LLMs). Verta’s tools, including its genAI workbench and model catalog, will support Cloudera’s mission to provide comprehensive enterprise AI solutions and meet the growing demand for advanced AI capabilities.

Charles Sansbury, Cloudera’s CEO, emphasized that this acquisition is just the beginning of a series of strategic moves to advance their leadership in data and enterprise AI. With over 25 exabytes of data under management, Cloudera’s open data lakehouse will continue to support AI applications and drive innovation across various industries.

Reference:

  • Cloudera Boosts AI Power with Verta Acquisition
Tags: acquisitionsAIClouderaCyber NewsCyber News 2024Cyber threatsCybersecurityJune 2024PlatformVerta
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