OpenAI buys Statsig for $1.1 billion, hires CEO as applications exec

Openai continued its spending frenzyOn Tuesday, he announced that he had purchased Statsig, an attempt to develop a product for $ 1.1 billion.

Statsig helps to test features of Openai and other companies and use real -time data in their operations. As part of the purchase, Vijaye Raji, CEO of Statsig, joins Openai as a technology chief in the Applications Unit. Old Fidji will report to Simo INSTACART Openai’s application works in May to lead the CEO.

“It is a rare and meaningful opportunity to work with the incredible team in Openai to establish experiences with artificial intelligence for people and businesses,” Raji said. LinkedIn. “With the help of the vehicles we built in Statsig, it makes it even more special.”

Openai said that Statsig will continue to work independently and serve customers from the Seattle office. Purchase is still subject to traditional closing conditions, including regulatory approval.

“Vijaye has a remarkable record of scaling the new consumer and B2B products and systems,” Simo said in a statement. He said.

Openai buys in an aggressive way, puts some of the large masses of cash in which it is upgraded and puts its rising value to use the stock to feed on new areas. The biggest leap came in May, when Openai’s Jonyi’s AI devices started IO, the company, which pushed the company firmly equipped, for nearly $ 6.5 billion. Before that, Openai acquired the Analytics database rock set for a total of not announced in 2024.

Earlier this year, Openai had planned to purchase AI -supported coding tool Windsurf for $ 3 billion, but an agreement never happened, and Google brought the founder of the initiative as part of the $ 2.4 billion licensing agreement.

Raji said in a statement, “The journey with Statsig was deeply pleased, he directed me this mother, and gives the teams to help send better software every day.” He said.

WRISTWATCH: Openai Buys Software Statsig for $ 1.1 billion