OpenAI is on an M&A tear. Days after acquiring database tech firm Rockset, OpenAI has purchased Multi (previously Remotion), a startup developing a enterprise-focused, video-first collaboration platform. A source familiar with the matter says that the deal is technically an acquihire and that most of Multi’s team — around five people — will join OpenAI […]
OpenAI buys a remote collaboration platform Read More »
The majority of companies struggle to extract value from their data. Several years ago, Forrester reported that between 60% and 73% of data belonging to the average business goes unused for analytics. That’s because the data’s siloed or otherwise pigeonholed by technical and security considerations, making it difficult — if not impossible — to apply analytical tools.
OmniAI transforms business data for AI Read More »
OpenAI has acquired a company, Rockset, building tools to drive real-time search and data analytics. In a post on its official blog, OpenAI said that it would integrate Rockset’s technology to “power [its] infrastructure across products.” Members of Rockset’s team will join OpenAI, and Rockset’s existing customers will be transitioned off of Rockset’s platform “gradually.”
OpenAI buys Rockset to bolster its enterprise AI Read More »
AI-powered language learning app Speak is on a tear. Since launching in its inaugural market of South Korea in 2019, Speak has grown to over 10 million users, CEO and co-founder Connor Zwick told TechCrunch. Its user base has doubled every year for the last five years, and Speak now has customers in more than 40
Language learning app Speak nets $20M, doubles valuation Read More »
Move over, Perplexity. There’s a new AI-powered search engine in town — and its creators think it can best the many, many other attempts out there. Called Genspark, the platform taps generative AI to write custom summaries in response to search queries. Type in a search like, “What’s the best baby formula for newborns?” and
Genspark is the latest attempt at an AI-powered search engine Read More »
Brothers Tobie Morgan Hitchcock and Jaime Hitchcock spent years building cloud-based software-as-a-service (SaaS) systems together, ranging from tools to let golf courses measure “golfer engagement” to online platforms designed to assess job candidates. While the systems they built had wildly different functions, the unifying thread running through all of them was a dependence on databases
SurrealDB is helping developers consolidate their databases Read More »
Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services.
Amazon says it’ll spend $230 million on generative AI startups Read More »
Google has acquired Cameyo, a company developing virtualization tools to run Windows apps on ChromeOS devices, for an undisclosed amount. In a blog post, Cameyo CEO Andrew Miller and Google product lead Naveen Viswanatha wrote that the buy will benefit ChromeOS, Google’s lightweight Linux-based operating system, by giving ChromeOS users greater access to Windows apps
Google acquires Cameyo to bring Windows apps to ChromeOS Read More »
Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks payed over $1 billion.) According to Tabular co-founder Ryan Blue, he and Tabular’s other two co-founders, Daniel Weeks and Jason Reid, will be joining Databricks in some capacity. There, they’ll work to unify Tabular’s and
Databricks acquires Tabular to build a common data lakehouse standard Read More »
Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank accounts that owners could really use. “SMBs make up 44% of U.S. GDP, underpin the economy and have a deep impact on all of us,”
Relay raises $32.2 million to help smaller businesses manage their cashflow Read More »
