OpenAI said it had acquired Rockseta real-time analytics startup, “to power our recovery infrastructure across products.”
Rockset’s technology, which OpenAI is integrating into its platform, allows developers and businesses to “better leverage” their data while using and creating artificial intelligence products, OpenAI said in a blog post Friday. At least some of the startup’s employees will also join OpenAI. The agreement marks the first time The AI startup integrated both a startup’s technology and its employees through an acquisition, a company spokesperson told Bloomberg.
“Rockset’s infrastructure enables businesses to transform their data into actionable insights,” Brad Lightcap, OpenAI’s chief operating officer, said in a statement. “We are excited to bring these benefits to our customers by integrating Rockset’s foundations into OpenAI products. »
The data analytics startup was founded by former Facebook employees and has grown $44 million in August in a round led by Icon Ventures. Sequoia and Greylock are existing investors in the startup, which has so far raised total capital of $105 million. Rockset’s technology allows users to search, index and make data searchable.
“We are excited to join OpenAI to enable users, businesses and developers to fully leverage their data by bringing powerful recovery to AI,” said Venkat Venkataramani, Managing Director of Rockset.
By becoming a member of OpenAI, the the startup will help its buyer “Solving the difficult database problems that AI applications face at scale,” Rockset said in a blog post. The startup added that its current customers will not experience an immediate change and that it will gradually phase out existing users from the platform.
Neither OpenAI nor Rockset have publicly disclosed the terms of the deal. OpenAI did not immediately respond to Quartz’s request for more information.
