OpenAI Acquires Statsig for $1.1 Billion, Reshuffles Leadership Team

OpenAI acquires product testing startup Statsig and shakes up its leadership team | TechCrunch

OpenAI announced in a blog post on Tuesday that it agreed to acquire the product testing startup, Statsig, and bring on its founder and CEO, Vijaye Raji, as the company's CTO of Applications. OpenAI is paying $1.1 billion for Statsig in an all-stock deal -- one of the largest acquisitions ever for the ChatGPT maker -- under the company's current $300 billion valuation, OpenAI spokesperson Kayla Wood told TechCrunch. The acquisition marks OpenAI's latest effort to build out its Applications business, helmed by the former CEO of Instacart, Fidji Simo, who started work at the company a few weeks ago. Raji will report to Simo and will head product engineering for ChatGPT, the company's AI coding tool Codex, and future applications that OpenAI plans to build. The company says that bringing Statsig's experimentation platform in-house will accelerate product development across the Applications organization. As Raji comes on board, OpenAI is making changes to its leadership team. The company's Chief Product Officer, Kevin Weil, will become VP of a new group called OpenAI for Science, he announced in a post on LinkedIn. Weil says the goal of his new organization "is to build the next great scientific instrument: an AI-powered platform that accelerates scientific discovery." Weil says he will work closely with Sebastien Bubeck, an OpenAI researcher and the Former VP AI and Distinguished Scientist at Microsoft. "I'm able to do this because the product and design leaders at OpenAI are amazing, and now are complemented by Fidji Simo beginning her role as CEO of Applications," said Weil. "OpenAI's products have been my life since I joined, and they're in great hands." Meanwhile, OpenAI's current head of engineering, Srinivas Narayanan, announced in a post on LinkedIn that he would transition to a new role as the company's CTO of B2B Applications. In the role, Narayanan says he will collaborate directly with OpenAI's COO, Brad Lightcap, who oversees many of the company's relationships with enterprise customers. OpenAI says the Statsig acquisition is pending regulatory review. Once completed, the company says that all Statsig employees will become OpenAI employees. However, the product testing startup will "continue operating independently and serving its customer base out of its Seattle office," the company said in a blog post.

OpenAI to acquire product testing startup Statsig, appoints CTO of applications

Sept 2 (Reuters) - OpenAI said on Tuesday it will acquire Statsig in an all-stock deal valuing the product testing startup at about $1.1 billion based on OpenAI's current valuation of $300 billion. The ChatGPT maker will also appoint Statsig's chief executive officer, Vijaye Raji, as OpenAI's tech chief of applications, in a push to build on its artificial intelligence products amid strong competition from rivals. The move comes a few months after OpenAI acquired former iPhone designer Jony Ive's startup, io Products, in a $6.5 billion deal to help develop AI hardware. Bolstered by its flagship product ChatGPT, OpenAI doubled its revenue in the first seven months of the year, reaching an annualized run rate of $12 billion, and is on track to reach $20 billion by the end of the year, Reuters reported in August. The company is also looking to close a tender offer round to employee liquidity at a $500 billion valuation. In his role, Vijaye will head product engineering for ChatGPT and the company's coding agent, Codex, with responsibilities that span core systems and product lines including infrastructure, the company said. Statsig builds tools to help software developers test and flag new features. It raised $100 million in funding earlier this year. Once the acquisition is finalized, Statsig employees will work for OpenAI but will continue operating independently out of its Seattle office, OpenAI said. Reporting by Zaheer Kachwala and Krystal Hu; Editing by Alan Barona Our Standards: The Thomson Reuters Trust Principles., opens new tab

OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive

Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. OpenAI continued its spending spree, announcing on Tuesday that it's acquired Statsig, a product development startup, for $1.1 billion. Statsig helps OpenAI and other companies test features and use real-time data in their operations. As part of the acquisition, Statsig CEO Vijaye Raji is joining OpenAI as technology chief in the applications unit. He will report to Fidji Simo, the former Instacart CEO who was tapped to lead OpenAI's applications business⁠ in May. "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 post on LinkedIn. "Doing that with the help of tools we built at Statsig makes it even more special." Statsig will continue to operate independently and serve customers out of its Seattle office, OpenAI said. The acquisition is still subject to customary closing conditions, including regulatory approval. "Vijaye has a remarkable record of building new consumer and B2B products and systems at scale," Simo said in a statement. OpenAI has been buying aggressively of late, putting some of the hefty cash pile it's raised and the soaring value of its stock to use to fuel growth in new areas. Its biggest splash came in May, when OpenAI acquired Jony Ive's AI devices startup IO for close to $6.5 billion in an all-equity deal that pushes the company firmly into hardware. Prior to that, OpenAI acquired analytics database company Rockset for an undisclosed sum in 2024. Earlier this year, OpenAI had planned to buy AI-assisted coding tool Windsurf for $3 billion, but a deal never materialized, and Google ended up bringing on the startup's co-founder as part of a $2.4 billion licensing deal. "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 said in a statement.

OpenAI to acquire product testing startup Statsig, appoints CTO of applications

(Reuters) -OpenAI said on Tuesday it will acquire Statsig in an all-stock deal valuing the product testing startup at about $1.1 billion based on OpenAI's current valuation of $300 billion. The ChatGPT maker will also appoint Statsig's chief executive officer, Vijaye Raji, as OpenAI's tech chief of applications, in a push to build on its artificial intelligence products amid strong competition from rivals. The move comes a few months after OpenAI acquired former iPhone designer Jony Ive's startup, io Products, in a $6.5 billion deal to help develop AI hardware. Bolstered by its flagship product ChatGPT, OpenAI doubled its revenue in the first seven months of the year, reaching an annualized run rate of $12 billion, and is on track to reach $20 billion by the end of the year, Reuters reported in August. The company is also looking to close a tender offer round to employee liquidity at a $500 billion valuation. In his role, Vijaye will head product engineering for ChatGPT and the company's coding agent, Codex, with responsibilities that span core systems and product lines including infrastructure, the company said. Statsig builds tools to help software developers test and flag new features. It raised $100 million in funding earlier this year. Once the acquisition is finalized, Statsig employees will work for OpenAI but will continue operating independently out of its Seattle office, OpenAI said. (Reporting by Zaheer Kachwala and Krystal Hu; Editing by Alan Barona)