OpenAI has acquired a company, Rocket, that makes tools for real-time search and data analysis.
In a Position on its official blog, OpenAI said it will be integrated Rocksetof technology for “power [its] infrastructure in all products”. Rockset team members will join OpenAI and existing Rockset customers will be phased out of the Rockset platform.
Financial terms were not disclosed.
“Rockset’s infrastructure enables companies to turn their data into actionable intelligence,” said OpenAI COO Brad Lightcap. “We are excited to bring these benefits to our customers by integrating Rockset’s foundation into OpenAI products.”
Rockset, which was co-founded in 2016 by former Facebook engineers Venkat Venkataramani and Tudor Bosman and database architect Dhruba Borthakur, built tools that allowed companies to automatically ingest data from databases and public cloud storage services and then they index this data for search and analytics. applications.
Rockset’s database platform underpinned things like recommendation engines, logistics dashboards, and — particularly related to OpenAI — chatbots in areas like fintech and e-commerce.
Rockset manage raise more than $117.5 million in capital from investors including Icon Ventures, Sequoia and Greylock prior to the acquisition; according on Crunchbase data and had brand customers including Meta and JetBlue using Rockset as a component of their flight delay prediction chatbot.
So what exactly can OpenAI create with Rockset’s technology? Well, the blog post says it allows companies to “make better use of their own data” and “access real-time insights” as they use OpenAI products. One can imagine improved tools to “ground” OpenAI models in a company’s data, perhaps to reduce illusions or improve the model for any number of business use cases.
Venkataramani gives a preview to a Position on the Rockset blog:
“Advanced retrieval infrastructure like Rockset will make AI applications more powerful and useful,” he writes. “Rockset will become part of OpenAI and power the retrieval infrastructure that supports the OpenAI product suite. We will help OpenAI solve the hard database problems facing AI applications at massive scale.”
The Rockset purchase is part of OpenAI’s broader recent strategy of major investment in its business sales and technology organizations.
In May, OpenAI signed an agreement with PwC to resell OpenAI tools to other businesses. Last month, the company launched a business-oriented custom model coordination and consulting program.
The moves seem to be paying dividends, with OpenAI’s annual revenue increasing According to reports expected to eclipse $3.4 billion this year. Recently, OpenAI recently show up that the enterprise tier of its viral AI chat platform, ChatGPT, had nearly 600,000 users, including 93% of all Fortune 500 companies.
Rockset is only OpenAI’s second public acquisition after Global Illumination, a New York startup that leverages artificial intelligence to build creative tools and infrastructure.
