Rockset, founded by former Facebook employees, provides technology to retrieve, index, and make data searchable for business customers in various industries. The startup raised $105 million in funding to date. OpenAI, valued at $86 billion, is in a competitive race with rivals like Anthropic and Google to build the most capable AI models and offer compelling services to businesses.
Key takeaways:
- OpenAI has acquired Rockset, an enterprise search and analytics startup, marking its most significant acquisition to date.
- The AI company plans to integrate Rockset’s technology to help business customers and developers make better use of their data on OpenAI’s platform.
- Some members of Rockset’s team will also be joining OpenAI, making this the first time OpenAI will be integrating both the technology and staff of the company it’s buying.
- Rockset, founded by former Facebook employees, offers technology to retrieve, index and make data searchable for business customers in industries ranging from gaming to fintech.