Cloudera, the data company for trusted enterprise AI, is acquiring Verta’s Operational AI Platform—further solidifying Cloudera’s position in the AI landscape.
The Verta team will join Cloudera’s machine learning group, reporting to chief product officer, Dipto Chakravarty. The Verta team will draw on their collective expertise to help drive Cloudera’s AI roadmap and enable the company to effectively anticipate the needs of its global customer base, according to Cloudera.
“The future of data management is AI; they go hand-in-hand. Cloudera is acquiring Verta’s Operational AI platform to strengthen our team and accelerate our operational AI capabilities,” said Charles Sansbury, CEO, Cloudera. “We are moving quickly to provide our customers with the technologies they need to drive their data and AI initiatives, and we have no plans to slow down. This is the first of several strategic moves we expect to make as we extend our leadership in data and trusted enterprise AI.”
In addition to providing significant AI expertise, Verta’s hybrid and multi-cloud end-to-end AI platform will fuel Cloudera’s ability to serve growing AI demand across its global user base.
Verta’s technology simplifies the process of turning datasets into custom retrieval-augmented generation ?applications?, enabling any ?developer?—no matter their level of ?machine learning? expertise—to create and optimize business-ready large language models (LLMs), according to the companies.
These features—along Verta’s genAI workbench, model catalog, and AI governance tools—will enhance Cloudera’s platform capabilities as it continues to deliver on the promise of enterprise AI for its global customer base.
“Good data breeds good models, which is why Verta’s and Cloudera’s technologies are a perfect match,” said Dr. Manasi Vartak, Verta’s former CEO. “Cloudera has the most data under management compared to any other ?platform in the world?, making it the clear choice to bring the vision for our innovations into reality. In lockstep with the Cloudera team, we can and will unlock the promise of organization-wide AI and enrich every user’s journey from data to insights to action.”
Jefferies LLC is serving as exclusive financial advisor to Cloudera in connection with this transaction.
For more information about this news, visit www.cloudera.com.