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OpenAI Acquires Rockset

(openai.com)
249 points colesantiago | 2 comments | 21 Jun 24 15:04 UTC | HN request time: 0.001s | source
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rockyroad ◴[21 Jun 24 15:55 UTC] No.40750844[source]▶
https://docs.rockset.com/documentation/docs/faq

Rockset is off boarding existing customers. Definitely sucks we spent the last 3 months adopting it. We used it to replicate dynamodb in near real time for adhoc & reporting queries. Schemaless architecture was very easy to work with

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lopkeny12ko ◴[21 Jun 24 18:31 UTC] No.40752307[source]▶
Don't these M&As need to be cleared by regulators? Seems premature to tell your customers you're discontinuing your product before the acquisition has actually cleared (and, for that matter, passed OpenAI's due diligence).
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danielmarkbruce ◴[21 Jun 24 19:14 UTC] No.40752696[source]▶
Tiny acquisitions which don't affect anything don't need sign off from any regulator. They likely signed the deal and closed it in one go.
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1. lolinder ◴[21 Jun 24 19:28 UTC] No.40752805[source]▶
How exactly does that work? Is there a formal threshold for when a regulator will want to take a look?
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2. danielmarkbruce ◴[21 Jun 24 21:02 UTC] No.40753767[source]▶
Yeah, the FTC and DOJ publish guidelines with thresholds, and you basically just follow them.

E.g. https://www.ftc.gov/enforcement/premerger-notification-progr...

https://www.ftc.gov/enforcement/premerger-notification-progr...

There are like 10k+ mergers and acquisitions done in the US each year (ballpark). It requires real analysis to figure if something should be blocked (practically none have any real effect on anything and shouldn't be) and there are only so many folks at the regulators who can do that analysis (and honestly... they aren't good at it...).