OpenAI’s first acquisition is an enterprise data startup

2 months ago 39

OpenAI has acquired Rockset, an endeavor analytics startup, to “power our retrieval infrastructure crossed products,” according to a Friday blog post.

This acquisition is OpenAI’s archetypal wherever the institution volition integrate some a company’s exertion and its team, a spokesperson tells Bloomberg. The 2 companies didn’t stock the presumption of the acquisition. Rockset has raised $105 cardinal successful backing to date.

“Rockset’s infrastructure empowers companies to alteration their information into actionable intelligence,” OpenAI COO Brad Lightcap says successful a statement. “We’re excited to bring these benefits to our customers by integrating Rockset’s instauration into OpenAI products.”

“Rockset volition go portion of OpenAI and powerfulness the retrieval infrastructure backing OpenAI’s merchandise suite,” Rockset CEO Venkat Venkataramani says in a Rockset blog post. “We’ll beryllium helping OpenAI lick the hard database problems that AI apps look astatine monolithic scale.”

Venkataramani says that existent Rockset customers won’t acquisition “immediate change” and that the institution volition gradually modulation them disconnected the platform. “Some” members of Rockset’s squad volition determination implicit to OpenAI, Bloomberg says.

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