From PYMNTS.: 2024-06-25 15:00:40

OpenAI recently acquired collaboration platform Multi and database tech startup Rockset as part of its expansion strategy. Multi specializes in real-time collaboration tools, while Rockset’s advanced search and database analytics technologies are expected to enhance OpenAI’s data processing infrastructure, strengthening its enterprise-grade AI solutions.

OpenAI also revised its policy on secondary share sales, now granting equal opportunities in annual tender offers to current and former employees and advisors. While current employees have higher priority, the revised policy aims to ensure fairness in share sales across all eligible participants.

These acquisitions and policy changes represent OpenAI’s commitment to strengthening its technological arsenal and solidifying its position as a leader in artificial intelligence innovation.



Read more at PYMNTS.: OpenAI Expands through Acquisition Spree with Multi and Rockset Purchases