Rubrik agrees to buy AI startup Predibase for over $100 million

Bipul Sinha, co-founder and CEO of Rubrik, a Microsoft-backed cybersecurity software company, rings the opening bell during his company’s IPO at the New York Stock Exchange in New York on April 25, 2024.Data management software vendor Rubrik said Wednesday that it's buying Predibase, a startup that helps with the deployment of artificial intelligence models.Terms of the deal weren't disclosed, but a person familiar with the transaction said Rubrik intends to pay between $100 million and $500 million. The pe ...