1. https://appdevelopermagazine.com/artificial-intelligence
  2. https://appdevelopermagazine.com/openai-acquires-rockset-to-enhance-data-capabilities/
7/15/2024 1:51:41 PM
OpenAI acquires Rockset to enhance data capabilities
OpenAI,Acquires,Rockset,AI,Database,Analytics,GlobalData,Social media influencers
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App Developer Magazine
OpenAI acquires Rockset to enhance data capabilities

Artificial Intelligence

OpenAI acquires Rockset to enhance data capabilities


Monday, July 15, 2024

Brittany Hainzinger Brittany Hainzinger

OpenAI acquired Rockset, the real-time analytics for databases company, for nearly $200 million. This strategic move to enhance AI capabilities has sparked significant attention and optimism among influencers on the social media.

OpenAI has acquired Rockset, a company that specializes in real-time analytics databases, for almost $200 million. The acquisition has drawn attention and various reactions from influencers on the social media platform "X", revealing the Social Media Analytics Platform of GlobalData, a leading data and analytics company.

OpenAI acquires Rockset, the real-time analytics database company

Smitarani Tripathy, Social Media Analyst at GlobalData, comments: "Influencers recognize OpenAI's acquisition of Rockset as a prudent strategic move that equips it to enhance AI models with real-time data processing capabilities. They believe this strategy positions OpenAI as a leader in innovation, marking a transformative step with the potential to unlock limitless opportunities. The influencers are optimistic about the merger, viewing it as a major advancement that could revolutionize AI-driven solutions, as this merger will greatly expand OpenAI's capabilities and opportunities. At the same time, others see it as a positive development for Rockset, solidifying its market presence."

Below are a few popular influencer opinions captured by GlobalData’s social media analytics platform:

Sarabjeet Johal, Technology Analyst and GTM Strategist: "@OpenAI acquires @RocksetCloud! Congratulations to @GreylockVC and Rockset teams on a noticeable exit! Great pairing! Rockset enables businesses to leverage increasingly large and complex data sources. I have geeked out few times at their annual conference in Bay Area! A note…..."

Muji, Founder of Hypergrowth: "OpenAI acquired Rockset over the weekend. This embeds a data processing and hybrid search layer (vector db plus text and geospatial search) into the AI.  Rockset competes with $ESTC $CFLT and analytics dbs like ClickHouse and Imply/Druid."

Matt Turck, Managing Director at FirstMark: "OpenAI acquiring Rockset (for 9 figures in stock) points to consolidation and exit path in data/AI Just one problem - Potential acquirers: OpenAI, Anthropic, Databricks, Snowflake, maybe Microsoft, couple others Startups that would like to be acquired:"


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