OpenAI announces the acquisition of Multi (formerly known as Remotion), a collaborative video-focused platform that emphasizes enterprise clients. Reports indicate that OpenAI is not purchasing Multi’s platform or tools, but rather acquiring the entire 5-person development team to work together. This move will result in Multi ceasing operations starting from July 24th.
Founded by Alexander Embiricos, former Product Manager at Dropbox, who currently serves as the CEO, and Charley Ho, a former software engineer at Google, Multi’s standout features include simultaneous screen sharing for up to 10 participants during meetings, as well as sharing various types of documents.
This deal marks OpenAI’s next acquisition following the recent purchase of Rockset, a database startup.
Source: TechCrunch
TLDR:
OpenAI acquires Multi, a collaborative video platform, focusing on enterprise clients, by obtaining their development team. This follows OpenAI’s previous acquisition of Rockset.
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