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OpenAI Acquires Rockset to Enhance Enterprise AI

Jun 21, 2024 1 min read

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OpenAI has acquired Rockset, an enterprise search and analytics startup, marking its most significant acquisition to date. The financial terms of the deal were not disclosed. The integration of Rockset’s technology is expected to enhance OpenAI’s platform, enabling business customers and developers to make better use of their data. Some members of Rockset's team will also join OpenAI as part of the acquisition.

Rockset, founded by former Facebook engineers, provides tools for real-time search and data analytics. The acquisition aligns with OpenAI's strategy of improving data retrieval systems and expanding its enterprise offerings. This move is seen as part of OpenAI's broader competition with other tech giants such as Google and Anthropic in the AI space. Prior to the acquisition, Rockset had raised over $117.5 million from investors including Icon Ventures, Sequoia, and Greylock. Existing Rockset customers will be transitioned off the platform gradually.

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