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OpenAI's New Acquisition: Multi, A Video-First Collaboration Startup for Enterprise Solutions

Jun 24, 2024 - techtimes.com
OpenAI has acquired Multi, a workplace video collaboration startup, with five of Multi's employees set to join OpenAI. Multi's CEO, Alexander Embiricos, will shut down the platform after July 24, 2024. Multi, a Zoom-based remote team collaboration platform, was created by ex-Dropbox product manager Embiricos and ex-Google software engineer Charley Ho. The acquisition aligns with OpenAI's focus on investing in enterprise solutions, with its revenue expected to exceed $3.4 billion this year due to enterprise projects.

In other news, OpenAI's CTO, Mira Murati, has dismissed concerns about AI's impact on creative professions, emphasizing AI's collaborative potential. She predicts a future where humans and AI work together, and believes that AI can help with brainstorming and reducing tedious tasks, despite potential job losses.

Key takeaways:

  • OpenAI has acquired workplace video collaboration startup Multi, previously known as Remotion, and will also acquire enterprise analytics company Rockset to bolster its product retrieval infrastructure.
  • OpenAI's revenue is expected to exceed $3.4 billion this year due to its enterprise projects, including a corporate tier of ChatGPT that has approximately 600,000 users, including 93% of Fortune 500 companies.
  • OpenAI CTO Mira Murati has dismissed concerns about AI's impact on creative professions, emphasizing AI's potential as a collaborative tool in creative fields and its ability to assist human labor.
  • OpenAI is reportedly developing a search engine to compete with Google and Perplexity, and is adding new features and AI models to ChatGPT to compete with Google and Anthropic.
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