OpenAI purchases Multi, a platform for remote cooperation

Multi (formerly known as Remotion), a startup creating an enterprise-focused, video-first collaboration platform, has been acquired by OpenAI.

The transaction is officially an acqui-hire, and the majority of Multi's staff-roughly five individuals-will join OpenAI after the sale closes. Multi's CEO and co-founder, Alexander Embiricos, has announced that Multi will shut down after July 24.

Multi has an array of solutions for users who are in search of video-based, remote collaboration tools. As per its website, it offers AI summaries that are “accurate and concise enough to post in Slack.”

Multi’s CEO said that the company was looking for deeper integrations with AI technology.

“Recently, we’ve been increasingly asking ourselves how we should work with computers. Not on or using computers, but truly with computers. With AI. We believe it’s one of the most important product questions of our time. And so, we’re beyond excited to share that Multi is joining OpenAI!” shared Embiricos, adding, “Unfortunately, this means we’re sunsetting Multi.”   

Embiricos also said that the app will be available till July 24 and the new team sign-ups were closed.