OpenAI acquires search and database analytics startup Rockset

OpenAI, the ChatGPT maker, has acquired search and database analytics startup Rockset to provide better infrastructure for its enterprise products.

ChatGPT from OpenAI

Microsoft-backed OpenAI used its shares to buy Rockset in a stock deal. Financial details were not disclosed. OpenAI was last valued at $86 billion in a tender offer by investors earlier this year.

“Rockset’s infrastructure empowers companies to transform their data into actionable intelligence. We’re excited to bring these benefits to our customers by integrating Rockset’s foundation into OpenAI products,” OpenAI COO Brad Lightcap said in a blog post.

Rockset, founded by former engineers at Meta, builds real-time search and analytics databases, and has benefited from the use of artificial intelligence in applications from chatbots and detecting anomalies. Venkat Venkataramani is the CEO of Rockset, while Dhruba Borthakur is the CTO. Venkat Venkataramani and Dhruba Borthakur are the co-founders of Rockset.

The team at Rockset comprises engineers who founded Hadoop Distributed File System (HDFS) at Yahoo, scaled the online data platform at Facebook and created RocksDB, the open source embedded storage engine used by CockroachDB, Kafka, Flink and many modern databases today.

Rockset said last year it raised $105 million in total VC funding from investors such as Greylock, Sequoia, Icon Ventures, Glynn Capital, and Hewlett Packard Enterprise’s (HPE) venture capital, Reuters news report said.

Rockset said its team will join OpenAI and the technology will power the retrieval infrastructure of the ChatGPT maker’s enterprise products. OpenAI is aiming to expand the reach of ChatGPT Enterprise to executives at large enterprises.

Rockset’s expertise in real-time data processing and vector search will enhance OpenAI’s ability to quickly access and analyze vast amounts of information, likely leading to faster and more accurate responses from AI models, as it tries to sell enterprises tools to rapidly index and search among their data.

Baburajan Kizhakedath

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