OpenAI acquires search and database evaluation startup…”Strengthens AI search”

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OpenAI acquired search and database evaluation startup Roxet. That is interpreted as an intention to strengthen the performance of ‘ChatGPT’ with a real-time search function and further support the launch of a brand new artificial intelligence (AI) search function.

Reuters reported on the twenty first (local time) that OpenAI acquired Roxet to supply improved search infrastructure for its enterprise product line. The particular terms of the acquisition weren’t disclosed, however it is alleged to be a large-scale transaction price a whole lot of billions of dollars.

Roxet was founded in 2016 by former meta engineers, and has provided corporate customers in various fields with services that help them index and simply find massive amounts of information as needed. It also attracted $150 million (roughly 200 billion won) in investment from Sequoia Capital and Gray Rock.

Roxet said, “By joining OpenAI, we’ll strengthen our enterprise product search infrastructure.”

The evaluation is that the corporate’s real-time data processing and vector search technology, which quickly accesses and analyzes vast amounts of knowledge, will likely be of great assist in improving the capabilities of Open AI.

Specifically, OpenAI is specializing in expanding B2B services starting this 12 months. As well as, Google and Antropic are competing fiercely by specializing in enterprise services.

Last month, there have been reports that OpenAI was developing an AI search engine product that would compete with Google and Perplexity. The evaluation is that Roxet’s technology will be of great help here as well.

Reporter Park Chan cpark@aitimes.com

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