Rubrik Inc. is set to acquire startup Predibase Inc., known for software to fine-tune large language models, in a deal reportedly worth $100 million to $500 million.
Rubrik, a data management platform, helps organizations prevent data loss and secure sensitive information. The acquisition aims to simplify AI projects for customers by integrating Predibase’s technology.
Predibase's platform enhances open-source large language models by streamlining the fine-tuning process, using techniques like LoRA and Turbo LoRA to improve model inference performance.
After the acquisition, Predibase will operate as a standalone business unit within Rubrik, maintaining compatibility with third-party data management platforms.