Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference on the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025.
David A. Grogan | CNBC
OpenAI continued its spending spree, saying on Tuesday that it is acquired Statsig, a product improvement startup, for $1.1 billion.
Statsig helps OpenAI and different corporations check 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 applications unit. He will report back to Fidji Simo, the previous Instacart CEO who was tapped to guide OpenAI’s applications enterprise in May.
“Working with the incredible team at OpenAI to build AI-powered experiences at scale for people and businesses is a rare and meaningful opportunity,” Raji wrote in a submit on LinkedIn. “Doing that with the help of tools we built at Statsig makes it even more special.”
Statsig will proceed to function independently and serve clients out of its Seattle workplace, OpenAI stated. The acquisition continues to be topic to customary closing situations, together with regulatory approval.
“Vijaye has a remarkable record of building new consumer and B2B products and systems at scale,” Simo stated in a press release.
OpenAI has been shopping for aggressively of late, placing a number of 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 May, 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}. Prior to that, OpenAI acquired analytics database firm Rockset for an undisclosed sum in 2024.
Earlier this yr, 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, leading me to this moment and giving me conviction that we will continue helping teams ship better software every day,” Raji stated in a press release.
WATCH: OpenAI acquires software startup Statsig for $1.1 billion