OpenAI acquires database analytics firm Rockset

(Reuters) – Microsoft-backed OpenAI has acquired search and database analytics firm Rockset for an undisclosed sum, the ChatGPT maker said on Friday. A technology Rockset offers called vector search has benefited from increased adoption as more applications use artificial intelligence to power recommendation engines, voice assistants, chatbots and detect anomalies. WHY IT’S IMPORTANT Rockset said…

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    Rally in U.S. big tech stocks may be getting stretched

    By David Randall NEW YORK (Reuters) – A blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year. Although the S&P 500 is up 14.6% this year, most of the broader index’s gains have been concentrated in the information technology…

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      GE Aerospace sees supply constraints persisting next year

      By Rajesh Kumar Singh EVENDALE, Ohio (Reuters) – A GE Aerospace executive said on Wednesday global supply chains will likely remain challenged even next year, despite a production slowdown at Boeing. Russel Stokes, head of GE Aerospace’s commercial engines and services, said while the company is aligned with Boeing’s production rates for this year, it…

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