Rubrik to acquire Predibase to ‘accelerate agentic AI adoption’

Rubrik (RBRK) announced it has entered into an agreement to acquire Predibase to “accelerate agentic AI adoption from pilot to production at scale.” “Predibase and Rubrik will deliver radical simplicity in models and data, resulting in improved accuracy, lower costs, better performance, and automated data governance,” the companies stated. “What the Predibase team has achieved with model training and serving infrastructure in the last few years is nothing short of remarkable. AI engineers and developers across the industry trust their expertise. Together, Rubrik and Predibase will drive agentic AI adoption around the world and unlock immediate value for our customers,” said Bipul Sinha, CEO, Chairman and Co-Founder of Rubrik. Venture firms Greylock and Felicis led funding of Predibase to date; terms of the transaction were not disclosed. Completion of the transaction is subject to customary closing conditions.