Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Solar Valley Media and Expertise Convention on the Solar Valley Resort in Solar Valley, Idaho, on July 8, 2025.
David A. Grogan | CNBC
OpenAI continued its spending spree, asserting on Tuesday that it is acquired Statsig, a product growth startup, for $1.1 billion.
Statsig helps OpenAI and different firms take a look at options and use real-time information of their operations. As a part of the acquisition, Statsig CEO Vijaye Raji is becoming a member of OpenAI as know-how chief within the purposes unit. He’ll report back to Fidji Simo, the previous Instacart CEO who was tapped to guide OpenAI’s purposes enterprise in Might.
“Working with the unbelievable crew at OpenAI to construct AI-powered experiences at scale for folks and companies is a uncommon and significant alternative,” Raji wrote in a submit on LinkedIn. “Doing that with the assistance of instruments we constructed at Statsig makes it much more particular.”
Statsig will proceed to function independently and serve prospects out of its Seattle workplace, OpenAI stated. The acquisition continues to be topic to customary closing circumstances, together with regulatory approval.
“Vijaye has a outstanding report of constructing new shopper and B2B merchandise and techniques at scale,” Simo stated in a press release.
OpenAI has been shopping for aggressively of late, placing among the hefty money pile it is raised and the hovering worth of its inventory to make use of to gasoline development in new areas. Its largest splash got here in Might, when OpenAI acquired Jony Ive’s AI gadgets startup IO for near $6.5 billion in an all-equity deal that pushes the corporate firmly into {hardware}. Previous to that, OpenAI acquired analytics database firm Rockset for an undisclosed sum in 2024.
Earlier this 12 months, OpenAI had deliberate to purchase AI-assisted coding instrument Windsurf for $3 billion, however a deal by no means materialized, and Google ended up bringing on the startup’s co-founder as a part of a $2.4 billion licensing deal.
“The journey with Statsig has been deeply gratifying, main me to this second and giving me conviction that we’ll proceed serving to groups ship higher software program day-after-day,” Raji stated in a press release.
WATCH: OpenAI acquires software program startup Statsig for $1.1 billion
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