Artificial Intelligence (AI)

OpenAI acquires product testing startup Statsig for $1.1 billion

Ken Metral

Ken Metral

— 2 min read
Cosmico - OpenAI acquires product testing startup Statsig for $1.1 billion
Credit: Statsig, Inc.

OpenAI announced Tuesday that it has agreed to acquire Statsig, a product testing and experimentation startup, in a $1.1 billion all-stock deal. The acquisition brings on Statsig’s founder and CEO, Vijaye Raji, who will join OpenAI as its new Chief Technology Officer of Applications.

The deal, one of the largest in OpenAI’s history, comes under the company’s current $300 billion valuation, according to spokesperson Kayla Wood.

Building Out the Applications Business

The acquisition is a major step in expanding OpenAI’s Applications division, which was recently placed under the leadership of Fidji Simo, the former CEO of Instacart. Raji will report directly to Simo and oversee product engineering for ChatGPT, Codex, and future AI-driven products.

OpenAI says bringing Statsig’s experimentation platform in-house will accelerate product development and help the company scale its portfolio of applications more effectively.

Leadership Shifts at OpenAI

Alongside the acquisition, OpenAI is reshaping its leadership structure:

  • Kevin Weil, Chief Product Officer, will become VP of a new group called OpenAI for Science, focused on building “an AI-powered platform that accelerates scientific discovery.” Weil will collaborate with Sebastien Bubeck, a leading AI researcher and former Microsoft executive.
  • Srinivas Narayanan, head of engineering, announced he will take on a new role as CTO of B2B Applications, working closely with COO Brad Lightcap to strengthen enterprise partnerships.

Weil, in a LinkedIn post, praised the product and design leaders at OpenAI and said the transition allows him to focus on long-term scientific impact:

“OpenAI’s products have been my life since I joined, and they’re in great hands.”

Statsig’s Future Inside OpenAI

Pending regulatory review, all Statsig employees will join OpenAI, though the startup will continue to operate independently from its Seattle office and serve existing customers.

OpenAI emphasized that Statsig’s integration will help unify experimentation and data-driven development across its growing suite of applications, strengthening the company’s ability to compete in consumer and enterprise markets.

Why It Matters

The $1.1 billion acquisition signals OpenAI’s commitment to expanding beyond foundational models into a broader ecosystem of applications. By combining its AI research with Statsig’s robust testing platform, OpenAI aims to accelerate innovation in products like ChatGPT while also deepening ties with enterprise customers.

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