OpenAI Plans $1.1B Statsig Acquisition, Names Raji CTO

OpenAI has announced its acquisition of Statsig, a product experimentation platform specializing in A/B testing and feature flagging, for approximately $1.1 billion in an all-stock deal. Statsig's founder and CEO, Vijaye Raji, will join OpenAI as Chief Technology Officer of Applications, overseeing product engineering for ChatGPT, Codex, and other core systems, reporting to Fidji Simo, OpenAI's CEO of Applications. The acquisition aims to enhance OpenAI’s capacity for rapid experimentation and development of more responsive user experiences. Statsig will continue operating independently from its Seattle office during the integration period, with its employees becoming OpenAI employees upon deal closure, which is still subject to regulatory approval. The announcement coincides with broader executive restructuring at OpenAI, including the promotion of Srinivas Narayanan to CTO of B2B Applications and Kevin Weil's transition to VP of AI for Science. This strategic move represents one of OpenAI’s largest acquisitions and reflects its ongoing efforts to strengthen its applications division.