OpenAI expands corporate presence through acquisition of Multi and improves remote collaboration capabilities
OpenAI expands corporate presence through acquisition of Multi and improves remote collaboration capabilities

OpenAI continues to expand its technology arsenal through strategic acquisitions. Most recently, it added Multi (formerly Remotion), a startup specializing in video-based collaboration platforms for enterprises. This move comes shortly after OpenAI acquired database technology company Rockset, underscoring its aggressive push into the enterprise solutions space.

Led by Alexander Embiricos, who previously worked as a product manager at Dropbox, and Charley Ho, a former software engineer at Google, Multi developed a platform to facilitate collaboration between remote teams via video chat. The platform featured features such as simultaneous screen sharing for up to 10 participants, customizable shortcuts, and automatic deep links for seamless integration of code, designs, and documents.

In an announcement on Multi’s blog, Embiricos expressed its excitement about joining OpenAI and noted that Multi will cease operations after July 24. The acquisition is primarily an acquisition, with the majority of Multi’s team of about five people moving to OpenAI.

According to data from Crunchbase, Multi had previously raised $13 million in funding from notable venture capital firms such as Greylock and First Round Capital, reflecting investor confidence in its innovative approach to remote collaboration.

OpenAI’s recent acquisitions are in line with its broader strategy to expand its enterprise offerings. The company is proactively addressing the needs of businesses, as evidenced by the success of its AI-powered chatbot platform ChatGPT, which has nearly 600,000 users, including many Fortune 500 companies.

Previous initiatives, such as a partnership with PwC to distribute OpenAI’s tools to enterprises and the launch of a customized AI model tuning and consulting program, underscore OpenAI’s commitment to leveraging AI for business applications. These efforts have helped OpenAI expect to generate over $3.4 billion in revenue this year, The Information reports.

Looking ahead, industry observers are speculating about potential integrations between OpenAI’s flagship models and Multi’s video conferencing capabilities. The prospect of expanding ChatGPT with video conferencing and advanced collaboration features remains possible as OpenAI continues to innovate despite increasing competition in the AI ​​sector.

With its recent acquisitions, OpenAI is positioning itself as a leader in driving technological advancements in AI-powered enterprise solutions. As demand for remote collaboration tools continues to grow, OpenAI’s strategic investments in platforms like Multi will transform the way businesses operate in an increasingly digital and connected world.

OpenAI’s acquisition of Multi underscores the company’s proactive stance in expanding its portfolio to meet the evolving needs of enterprises. By integrating Multi’s innovative technologies, OpenAI aims to further expand its capabilities and cement its position as a leading provider of AI-driven solutions for enterprises worldwide.

By Aurora