OpenAI expands the scope of the enterprise thanks to the acquisition of Multi solutions, increasing the possibilities of remote collaboration

OpenAI continues to expand its technology arsenal through strategic acquisitions, most recently adding Multi (formerly Remotion), a startup specializing in primarily video collaboration platforms aimed at enterprises. The move comes shortly after OpenAI’s acquisition of database technology company Rockset, underscoring its aggressive approach to enterprise solutions.

Multi, led by Alexander Embiricos, who previously served as product manager at Dropbox, and Charley Ho, a former Google software engineer, has developed a platform designed to facilitate remote team collaboration via video chats. The platform stood out for features such as simultaneous screen sharing with up to 10 participants, customizable shortcuts, and automatic deep links for seamless integration of code, designs, and documents.

In a blog announcement, Multi Embiricos expressed enthusiasm about joining OpenAI, noting that Multi will cease operations after July 24. The acquisition is primarily an acquisition, with the majority of Multi’s team of approximately five members expected to join OpenAI.

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

OpenAI’s recent acquisitions are part of a broader strategy to improve its offering for enterprises. The organization actively serves corporate needs, as evidenced by the success of its AI-powered chatbot platform ChatGPT, which boasts nearly 600,000 users, including a significant presence among Fortune 500 companies.

Past initiatives, such as partnering with PwC to distribute OpenAI tools to enterprises and launching a custom AI model tuning and consulting program, underscore OpenAI’s commitment to leveraging AI for business applications. These efforts have contributed to OpenAI’s projected revenue this year of more than $3.4 billion, according to The Information.

Looking ahead, industry watchers are speculating on potential integrations of OpenAI’s flagship models with Multi’s video conferencing capabilities. The prospect of enhancing ChatGPT with video conferencing and advanced collaboration features remains possible as OpenAI continues to innovate in the face of increasing competition in the artificial intelligence sector.

With its latest acquisitions, OpenAI is at the forefront of technological advancements in AI-based enterprise solutions. As demand for remote collaboration tools continues to grow, OpenAI’s strategic investments in platforms like Multi have the potential to transform the way companies operate in an increasingly digital and connected world.

OpenAI’s acquisition of Multi underlines its proactive approach to expanding its portfolio to meet the changing needs of enterprises. By integrating innovative Multi technologies, OpenAI intends to further expand its capabilities and strengthen its position as a leader in AI-based solutions for enterprises around the world.