So this was kind of interesting.
The Times won't disclose. We don't know how much money was
involved, basically, but it's kind of new and novel for open air.
Give me the details. Right.
So this is the first time that opening I is acquiring a company where they're not
just taking in the talent or doing what's called an aqua hire, but they're
actually going to integrate the technology as well, which makes this a
good kind. What I don't understand is why is open?
I need a company like Roxette. What's the point?
Well, if you think about it, Opening Eye is really right now trying to grow not
just their consumer, but their enterprise business.
And this is a company that has experience working with major customers
across industries, from finance to gaming.
One big one that I saw in previous reports was JetBlue, for example.
And what they do is actually work with customer data to help those customers
index and search through that data.

So, you know, if you kind of put two and
two together and think about where Opening Eye is trying to grow their
business, it might make sense that they would go acquire a company that
specialized in dealing with this kind of more detailed business data to help them
build that out.

OpenAI Buys Startup That Helps Customers Sift Through Data

Welcome to the Bloomberg Technology YouTube channel. Subscribe for original series and mini-docs on game-changing technologies, profiles on innovators, live conversations with experts, and breaking technology news & analysis from Bloomberg TV.

OpenAI Buys Startup That Helps Customers Sift Through Data

Scripts