OpenAI to Acquire Statsig in $1.1 Billion All-Stock Deal, Bringing Founder in as Applications CTO

OpenAI Acquires Product Analytics Startup Statsig for $1.1 Billion

OpenAI said Tuesday it has agreed to acquire Statsig, a startup that helps businesses test how well their products are working, for $1.1 billion in an all-stock deal, representing about 0.4% of OpenAI’s shares. That’s the same valuation Statsig, which was part of The Information’s most promising startups of 2023 , got in an equity financing announced earlier this year. With the

OpenAI acquires Bellevue startup Statsig for $1.1 billion - Puget Sound Business Journal

OpenAI acquires Bellevue-based Statsig for $1.1B, integrating its product development tools and team to accelerate AI experimentation.

OpenAI Scoops Up Statsig In $1.1 Billion Deal, CEO Vijaye Raji Joins Applications Unit - Meta Platforms (NASDAQ:META)

OpenAI announced on Tuesday that it acquired Statsig, a product experimentation platform, as the artificial intelligence company continues its aggressive acquisition strategy. Statsig CEO Vijaye Raji will join OpenAI as Chief Technology Officer of Applications, reporting to former Instacart CEO Fidji Simo.

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

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.

Meet Vijay Raji: Puducherry-born engineer joins ChatGPT maker OpenAI as applications CTO

OpenAI has hired Vijay Raji founder and CEO of Statsig, who will join OpenAI as the Chief Technology Officer (CTO) of Applications.

Who is Vijaye Raji? Indian-origin founder sells startup to OpenAI for $1.1 billion

Vijaye Raji is the Indian-origin, Seattle-based founder of Statsig, which has been acquired by OpenAI in a $1.1 billion deal.