OpenAI Acquires Statsig in $1.1B Deal and Revamps Leadership

OpenAI acquires product testing startup Statsig and shakes up its leadership team in a $1.1B move to expand AI applications.
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OpenAI Acquires Statsig in $1.1B Deal and Revamps Leadership
 OpenAI Acquires Product Testing Startup Statsig and Shakes Up Its Leadership Team OpenAI acquires product testing startup Statsig and shakes up its leadership team in a major $1.1 billion all-stock deal. The move highlights OpenAI’s push to accelerate product development and strengthen its applications business, signaling a new phase of growth for the ChatGPT maker. Statsig founder and CEO, Vijaye Raji, will join OpenAI as the company’s new CTO of Applications, reporting directly to Fidji Simo, OpenAI’s recently appointed CEO of Applications. Image Credits:Jakub Porzycki/NurPhoto / Getty Images Why the Statsig Deal Matters for OpenAI The acquisition marks one of the largest in OpenAI’s history, reflecting the company’s $300 billion valuation and its ambition to expand beyond research into practical applications. By integrating Statsig’s experimentation platform, OpenAI aims to speed up innovation across products like ChatGPT, Codex, and upcoming AI-powered tools. Bringing Statsig in-hous…