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Cloudera acquires Verta to bring some AI chops to its data platform | TechCrunch

Jun 03, 2024 - techcrunch.com
Cloudera, a data management company, has announced its acquisition of Verta, an AI startup that specializes in managing machine learning models. The move is seen as a strategic step to enhance Cloudera's AI capabilities and stay competitive in the market. Verta's co-founders, CEO Manasi Vartak and CTO Conrado Miranda, are expected to bring valuable AI expertise to Cloudera.

The acquisition comes as Cloudera seeks to evolve from its origins as a Hadoop startup and adapt to the changing data processing landscape. The company, which launched a SaaS data lakehouse in 2021, is striving to keep pace with competitors like Databricks and Snowflake, which have also recently added AI capabilities.

Key takeaways:

  • Cloudera, a data management company, is acquiring Verta, an AI startup that specializes in managing machine learning models, including large language models used in generative AI.
  • Cloudera CEO Charles Sansbury stated that the acquisition of Verta's Operational AI platform will strengthen their team and accelerate their operational AI capabilities.
  • Verta's co-founders, CEO Manasi Vartak and CTO Conrado Miranda, will bring valuable AI expertise to Cloudera. Vartak previously developed the open-source project ModelDB database for tracking versions of machine models.
  • The acquisition is part of Cloudera's efforts to stay competitive in the data management market, which is increasingly moving towards AI and cloud-based solutions.
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