VentureBeat June 24, 2024
Carl Franzen

OpenAI is on an acquisition spree: Last week, the estimated $90-billion valued company behind ChatGPT announced it had acquired Rockset, a small startup focused on retrieval augmented generation (RAG) and related tech for allowing generative AI models to access selected data sources.

Today, sources close to OpenAI have confirmed to VentureBeat it has acquired Multi, formerly Remotion, a five-person startup based in New York City that focuses on screenshare and collaboration technologies for workers using Mac computers. That makes three publicly known acquisitions so far to date, by our count, following one of Global Illumination, a web-based MMORPG maker, last year.

No details were provided on the terms of the deal — how much OpenAI paid, if any, and what...

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Topics: AI (Artificial Intelligence), Mergers & Acquisitions / JV, Technology, Trends
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