OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive
Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. OpenAI continued its spending spree, announcing on Tuesday that it has acquired Statsig, a product development startup, for $1.1 billion. Statsig helps OpenAI and other companies test features and use real-time data in their operations. As part of the acquisition, Statsig CEO Vijaye Raji is joining OpenAI as technology chief in t