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Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for enterprise customers, its chief executive told Reuters on Friday.
Tecton, backed by Sequoia Capital and Kleiner Perkins, provides software that helps companies analyze and deploy data at scale with low latency.
Financial terms of the deal, which consists of Databricks’ private shares, were not disclosed. Tecton was last valued at $900 million in a 2022 private funding round and has…
