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.
David A. Grogan | CNBC
OpenAI is showing no signs of slowing down its acquisition appetite, announcing Tuesday the purchase of product development startup Statsig for a cool $1.1 billion. The move underscores OpenAI’s aggressive strategy to rapidly expand its capabilities and gain a competitive edge in the fiercely contested AI arena.
Statsig specializes in helping companies, including now OpenAI, to rigorously test new features and leverage real-time data to optimize their operations. This acquisition isn’t just about the technology; it’s also about talent. As part of the deal, Statsig CEO Vijaye Raji will be joining OpenAI as the technology chief within the applications unit. Raji will report directly to Fidji Simo, the former Instacart CEO who took the helm of OpenAI’s applications business in May.
“The opportunity to collaborate with the exceptional team at OpenAI and craft AI-powered experiences at scale for both consumers and businesses is incredibly meaningful,” Raji shared on LinkedIn. “The fact that we get to do it with tools we built at Statsig makes it even more special.”
OpenAI has stated that Statsig will continue to operate independently from its Seattle headquarters, serving its existing customer base. However, the acquisition is still subject to customary closing conditions, including securing the necessary regulatory approvals.
“Vijaye has a proven track record of successfully developing innovative consumer and B2B products and systems at scale,” Simo noted in a press release.
OpenAI’s recent acquisition spree is being fueled by its robust cash reserves and soaring stock valuation, putting its financial muscle to work driving growth in exciting new areas. The most significant splash came in May with the acquisition of Jony Ive’s AI devices startup, IO, for approximately $6.5 billion in an all-equity transaction. This bold move signals OpenAI’s serious push into the hardware space and its ambition to become a vertically integrated AI powerhouse. Previously, OpenAI acquired analytics database company Rockset for an undisclosed sum in 2024, further bolstering its data processing capabilities.
Interestingly, earlier this year, whispers circulated about OpenAI’s interest in acquiring AI-assisted coding tool Windsurf for a reported $3 billion. However, the deal ultimately fell through, with Google eventually bringing on Windsurf’s co-founder as part of a $2.4 billion licensing agreement. This near-miss highlights the competitive landscape and the intense battle for top AI talent and innovative technologies.
“My journey with Statsig has been incredibly rewarding, culminating in this moment and reinforcing my confidence that we will continue empowering teams to deliver better software every day,” Raji concluded.
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