OpenAI just made its latest billion-dollar bet, acquiring product development startup Statsig for $1.1 billion while appointing CEO Vijaye Raji as chief technology officer of applications. The deal accelerates OpenAI's aggressive expansion beyond core AI models into enterprise tooling and marks the company's third major acquisition this year as it deploys its massive war chest.
OpenAI is writing another billion-dollar check. The AI giant announced Tuesday it's acquiring Statsig, a Seattle-based product development startup, for $1.1 billion in what marks the company's most aggressive acquisition strategy to date. The deal brings Statsig CEO Vijaye Raji into OpenAI as chief technology officer of applications, where he'll report directly to Fidji Simo, the former Instacart CEO who joined OpenAI in May to lead its applications business.
Statsig's appeal lies in its enterprise-grade feature testing and real-time data analytics platform—exactly the kind of infrastructure OpenAI needs as it scales beyond research into commercial applications. The startup already counts OpenAI among its customers, making this acquisition a natural vertical integration play. "Working with the incredible team at OpenAI to build AI-powered experiences at scale for people and businesses is a rare and meaningful opportunity," Raji wrote on LinkedIn. "Doing that with the help of tools we built at Statsig makes it even more special."
The timing signals OpenAI's urgent push to monetize its technology across enterprise markets. While competitors like Google and Microsoft have spent years building enterprise infrastructure, OpenAI is playing catch-up by acquiring proven platforms rather than building from scratch. Statsig's product testing capabilities become crucial as OpenAI rolls out ChatGPT Enterprise, API services, and custom AI solutions to Fortune 500 clients.
This acquisition spree reflects OpenAI's newfound financial firepower. The company has raised over $13 billion in funding rounds that valued it at $157 billion, giving CEO Sam Altman considerable ammunition for strategic deals. The Statsig purchase follows OpenAI's blockbuster $6.5 billion all-equity acquisition of Jony Ive's AI devices startup IO in May, which pushed the company decisively into hardware. Earlier, OpenAI picked up analytics database company Rockset for an undisclosed sum in 2024.
"Vijaye has a remarkable record of building new consumer and B2B products and systems at scale," . The executive hire matters as much as the acquisition itself—Raji brings deep experience scaling product development at companies like and , exactly the expertise OpenAI needs as it transitions from research lab to enterprise software giant.
