Jun 23, 2024 21:30:00

OpenAI acquires real-time analytics database provider Rockset

OpenAI has announced that it has acquired

Rockset , a leading real-time analytics database with world-class data indexing and query capabilities. This is OpenAI's first acquisition.

OpenAI acquires Rockset | OpenAI
https://openai.com/index/openai-acquires-rockset/

OpenAI Acquires Rockset | Rockset

https://rockset.com/blog/openai-acquires-rockset/

OpenAI acquires Rockset enterprise data startup - The Verge
https://www.theverge.com/2024/6/21/24183216/openai-rockset-acquisition-enterprise-data-startup

In a statement announcing the acquisition, OpenAI said that Rockset's 'world-class team members' will join the company, and that OpenAI plans to integrate Rockset's technology to power the search infrastructure across its products.

'Rockset's infrastructure empowers companies to transform data into actionable information,' said OpenAI COO Brad Lightcap of the acquisition. 'We're excited to bring these benefits to our customers by integrating their infrastructure into OpenAI's products.'

'Rockset will become part of OpenAI and power the search infrastructure that supports the OpenAI suite of products, helping to solve the hard database problems facing AI apps,' said Rockset CEO Venkat Venkataramani.

There will be no immediate impact to existing Rockset users, and the company is working to ensure a gradual transition to OpenAI.

The acquisition price was not disclosed, but Rockset had previously raised $105 million, according to The Verge.