From ChatGPT to Global Expansion, OpenAI Buys Statsig for $1.1 Billion in Boldest Move Yet

OpenAI is not just reshaping the AI technological advancement, but also a dominant force in the global AI race. The company is continuing to work on groundbreaking tools and billion-dollar acquisitions of companies that can help in growing OpenAI. In a new report coming from the AI world, OpenAI has confirmed its acquisition of Statsig for a staggering $1.1 billion. Statsig is a platform that enables companies to experiment with new features and make use of real-time data to improve their operations.

This move highlights how OpenAI is determined to expand its global existence, and hence, not just existing as an AI research company, but venturing into large-scale application development.

Here’s Why OpenAI Acquired Statsig

Statsig, a Seattle-based product development startup, specializes in helping companies test new features and leverage real-time data for better decision-making. The main expertise of the company lies in accelerating product rollout, along with ensuring that user experiences are backed by data-driven insights.

The strategy of acquiring Statsig by OpenAI is not just about getting hold of any data-driven company, but to gain access to its advanced tools, its highly skilled team, and proven methodologies.

New Leadership in Statsig

As part of the acquisition, Statsig’s CEO, Vijaye Raji, will join OpenAI as the technology chief of its applications division. Raji will directly report to former Instacart CEO Fidji Somo, who’s now responsible for the leadership of OpenAI’s applications businesses.

Raji expressed his excitement about the move, highlighting how Statsig’s tools will play a role in shaping AI-powered experiences for both businesses and individuals.

How Statsig Will Operate Now

Even after the acquisition, Statsig will continue to operate independently from its Seattle headquarters, and customers will be able to operate without disruption. Nevertheless, regulatory approval remains the final step before the deal is officially closed.

To recall, OpenAI recently acquired Jony Ive’s AI hardware startup IO for nearly $6.5 billion, signaling a push into hardware. It also bought analytics database company Rockset in 2024 to strengthen its data capabilities.