OpenAI is Acquires RocksetIt has partnered with real-time analytics startup to “power search infrastructure across its products.”
Rockset’s technology, which OpenAI will integrate into its platform, will enable developers and businesses to “make better use of” data when using and building artificial intelligence products, OpenAI said in a blog post on Friday. At least some of the startup’s employees will also join OpenAI. The deal is first time A company spokesperson told Bloomberg that the AI ​​startup integrated both the startup’s technology and employees through the acquisition.
“Rockset’s infrastructure enables companies to transform data into actionable information,” Brad Lightcap, OpenAI’s chief operating officer, said in a statement. “We’re excited to bring these benefits to our customers by integrating Rockset’s foundation into OpenAI products.”
This data analytics startup was founded by former Facebook employees. $44 million in August The round was led by Icon Ventures. Sequoia and Greylock are existing investors, and the company has raised a total of $105 million to date. Rockset’s technology enables users to find, index and make data searchable.
“We’re excited to join OpenAI and bring powerful search capabilities to AI, helping users, businesses and developers get the most out of their data,” said Venkat Venkataramani, CEO of Rockset.
By joining OpenAI, Startups help acquirers “We solve the tough database problems that AI apps face at scale,” Rockset said in a blog post. The company added that current customers won’t experience any immediate change and will gradually migrate existing users off the platform.
Neither OpenAI nor Rockset disclosed the terms of the deal, and OpenAI did not immediately respond to Quartz’s request for more information.
