PYMNTS.com June 21, 2024
OpenAI, the artificial intelligence (AI) firm behind ChatGPT, has bought enterprise search and analytics startup Rockset, according to a Friday (June 21) report by Bloomberg.
While financial terms were not disclosed, the acquisition is notable for OpenAI’s plans to fully integrate Rockset’s technology and key personnel. This approach diverges from OpenAI’s previous “acquihire” strategy, where purchases were primarily talent-driven, an OpenAI spokesperson confirmed to Bloomberg.
OpenAI Chief Operating Officer Brad Lightcap emphasized the strategic importance of the deal in a company blog post. “Rockset’s infrastructure empowers companies to transform their data into actionable intelligence,” Lightcap wrote. “We’re excited to bring these benefits to our customers by integrating Rockset’s foundation into OpenAI products.”
Founded by former Facebook employees, Rockset has built...
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