OpenAI has acquired Rockset, an enterprise search and analytics startup. The integration of Rockset’s technology aims to help business customers and developers utilise data on OpenAI’s platform more efficiently. Some team members of Rockset are slated to join OpenAI, though the terms of the deal remain undisclosed.

This move is meant to help OpenAI compete with rivals like Anthropic and Alphabet Inc.’s Google to develop advanced AI models and services for businesses. OpenAI was valued at $86 billion in February and is soon projected to generate $3.4 billion in revenue this year, according to CEO Sam Altman.

Rockset was founded by former Facebook employees. It caters to industries such as gaming and fintech, specialising in making data searchable. The startup raised $44 million in August from Icon Ventures, Sequoia, and Greylock, with total funding reaching $105 million.

Unlike previous acquihires (the act of buying out a company for the skills and expertise of its staff), OpenAI will integrate both Rockset’s technology and staff, an OpenAI spokesperson said.

OpenAI’s COO, Brad Lightcap, said, “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.”

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