OpenAI acquires Statsig for $1.1 billion, brings on CEO as programs government

OpenAI persevered its spending spree, saying on Tuesday that it has got Statsig, a product building startup, for $1.1 billion.

Statsig is helping OpenAI and alternative corporations check options and significance real-time information of their operations. As a part of the purchase, Statsig CEO Vijaye Raji is becoming a member of OpenAI as generation eminent within the programs unit. He’s going to report back to Fidji Simo, the previous Instacart CEO who used to be tapped to top OpenAI’s programs industry⁠ in Would possibly.

“Working with the incredible team at OpenAI to build AI-powered experiences at scale for people and businesses is a rare and meaningful opportunity,” Raji wrote in a submit on LinkedIn. “Doing that with the help of tools we built at Statsig makes it even more special.”

Statsig will proceed to perform independently and handover consumers out of its Seattle administrative center, OpenAI stated. The purchase continues to be topic to standard terminating statuses, together with regulatory kindness.

“Vijaye has a remarkable record of building new consumer and B2B products and systems at scale,” Simo stated in a remark. 

OpenAI has been purchasing aggressively of past due, hanging one of the most hefty money accumulation it’s raised and the hovering worth of its keep to significance to gas expansion in untouched fields. Its greatest spill got here in Would possibly, when OpenAI got Jony Ive’s AI units startup IO for similar to $6.5 billion in an all-equity trade in that pushes the corporate firmly into {hardware}. Previous to that, OpenAI got analytics database corporate Rockset for an undercover sum in 2024.

Previous this time, OpenAI had deliberate to shop for AI-assisted coding software Windsurf for $3 billion, however a trade in by no means materialized, and Google ended up bringing at the startup’s co-founder as a part of a $2.4 billion licensing trade in.

“The journey with Statsig has been deeply gratifying, leading me to this moment and giving me conviction that we will continue helping teams ship better software every day,” Raji stated in a remark.