product development AI News & Updates

OpenAI Expands with $1.1B Statsig Acquisition and Major Leadership Restructuring

OpenAI acquired product testing startup Statsig for $1.1 billion in an all-stock deal, bringing on CEO Vijaye Raji as CTO of Applications. The acquisition is part of OpenAI's expansion of its Applications business under new leadership, with concurrent organizational changes including Kevin Weil moving to head a new "OpenAI for Science" division.