OpenAI acquires product testing startup Statsig and shakes up leadership team
7 days ago
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- #Acquisition
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- OpenAI acquires Statsig for $1.1 billion in an all-stock deal.
- Vijaye Raji, Statsig's founder and CEO, will join OpenAI as CTO of Applications.
- The acquisition aims to accelerate product development for OpenAI's Applications business.
- Kevin Weil transitions to VP of OpenAI for Science, focusing on AI-powered scientific discovery.
- Srinivas Narayanan moves to CTO of B2B applications, collaborating with COO Brad Lightcap.
- Statsig will operate independently post-acquisition, retaining its Seattle office and customer base.