OpenAI has acquired Statsig, a leading experimentation platform specializing in A/B testing, feature flagging, and real-time decisioning, for $1.1 billion in an all-stock transaction. This acquisition, one of OpenAI’s largest to date, comes as the company aims to enhance its applications business, now overseen by Fidji Simo, the former CEO of Instacart. With a valuation of $300 billion, OpenAI’s strategic move includes bringing Statsig’s founder, Vijaye Raji, on board as the new CTO of Applications. Additionally, all Statsig employees will transition to OpenAI. This acquisition reflects OpenAI’s commitment to advancing its technological capabilities and developing innovative applications, positioning the company for further growth in the competitive AI landscape. Fans and investors alike are keenly watching how this integration will bolster OpenAI’s offerings and influence the future of AI technology.
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