OpenAI develops real-time search and data analytics tools rockset he bought. In the statement made on OpenAI’s official blog, it was stated that Rockset’s technology will be used to strengthen OpenAI’s product infrastructure. Rockset’s team will join OpenAI and its existing customers will gradually migrate from Rockset’s platform. So what benefit will this company have?
OpenAI acquires Rockset to power enterprise AI
Rockset was founded in 2016 by former Facebook engineers Venkat Venkataramani and Tudor Bosman and database architect Dhruba Borthakur. The company has developed tools that automatically retrieve data from databases and cloud storage services and index that data for search and analysis applications. Rockset’s database platform has powered applications such as recommendation engines, logistics tracking dashboards, and chatbots, particularly in the fintech and e-commerce spaces.
Using Rockset’s technology, OpenAI offers its customers “make better use of your own data” And “access to real-time information” aims to provide the opportunity to provide This could mean that OpenAI’s models can be based on a company’s data, making fewer errors or better tuned for specific business uses.
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OpenAI plans to make AI applications more powerful and useful by using Rockset’s advanced data extraction infrastructure. The move is seen as part of OpenAI’s major investments in enterprise sales and technology organizations.
In May, OpenAI signed a deal with PwC to sell OpenAI’s tools to other businesses. The previous month, it launched a special model adjustment and consultancy program for businesses. These steps will increase OpenAI’s annual revenue this year. $3.4 billion It started to bear fruit with the expectations that it would exceed the results. The enterprise level of OpenAI’s ChatGPT platform is approximately 600 thousand It was announced that there are users and 93 percent of Fortune 500 companies use this platform.
OpenAI’s acquisition of Rockset is its second public acquisition, following a New York-based startup called Global Illumination. What are you thinking? You can write your opinions in the comments section below.