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OpenAI acquires Roi to enhance consumer AI

Oct 03, 20253 months ago

Acquiring Company

OpenAI

Acquired Company

Roi

San FranciscoNew YorkresearchArtificial IntelligenceSoftware

Description

OpenAI has acquired Roi, an AI-based personal finance app, furthering its commitment to personalized consumer AI solutions. Roi's co-founder, Sujith Vishwajith, is the only member transferring to OpenAI, while Roi will cease operations. The acquisition underscores OpenAI's strategy to incorporate advanced personalization in its products, leveraging Roi’s expertise in finance.

Company Information

Company

OpenAI

Location

3180 18th Street

San Francisco, California, United States

About

The latter will receive a multi-year, multi-billion-dollar investment from the company — the exact dollar amount wasn’t disclosed — that OpenAI says will be used to continue its independent research and “develop AI that is increasingly safe, useful and powerful.”OpenAI will remain a capped-profit company as a part of the deal.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed