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Rubrik acquires AI model tooling startup Predibase for reported $100M+

  • 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.

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