OpenAI completes acquisition of Rockset to enhance enterprise AI offerings
06/21/24, 8:51 PM
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OpenAI, the AI firm renowned for its AI models like ChatGPT, has acquired enterprise search and analytics startup Rockset. This acquisition is notable for OpenAI’s plan to fully integrate Rockset’s technology and key personnel, diverging from its previous talent-driven strategy.
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Location
San Francisco, California, United States
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The latter will receive a multi-year, multi-billion-dollar investment from the company — the exact dollar amount wasn’t disclosed — that OpenAI says will be used to continue its independent research and “develop AI that is increasingly safe, useful and powerful.”OpenAI will remain a capped-profit company as a part of the deal.