OpenAI's $1.1B Acquisition of Statsig Reshapes Leadership and Strategy
TL;DR Summary
OpenAI has acquired product testing startup Statsig for $1.1 billion to enhance its Applications division, appointing Statsig's CEO Vijaye Raji as CTO of Applications, and making leadership changes to support its growth in AI-powered products. The deal aims to accelerate product development, with Statsig operating independently out of Seattle pending regulatory approval.
- OpenAI acquires product testing startup Statsig and shakes up its leadership team TechCrunch
- Vijaye Raji to become CTO of Applications with acquisition of Statsig OpenAI
- OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive CNBC
- OpenAI to acquire AI startup Statsig (MSFT:NASDAQ) Seeking Alpha
- OpenAI to Buy Product Testing Startup Statsig for $1.1 Billion Bloomberg.com
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