OpenAI has acquired product development startup Statsig for $1.1 billion, marking one of the company’s largest acquisitions to date as it continues expanding ChatGPT’s capabilities. The deal brings Statsig’s A/B testing and real-time data analysis platform directly into OpenAI’s operations, while Statsig CEO Vijaye Raji will join OpenAI as technology chief for the applications unit.
What you should know: Statsig specializes in experimentation platforms that power A/B testing, feature flagging, and real-time decision-making for major companies.
In plain English: A/B testing is like running two versions of the same webpage or app feature simultaneously to see which one performs better—similar to how a store might test two different window displays to see which attracts more customers. Feature flagging allows companies to turn new features on or off instantly without updating their entire software, while real-time decisioning helps systems automatically choose the best option based on current data.
Key details: The acquisition includes specific terms designed to maintain continuity for existing customers and employees.
The big picture: This acquisition fits into OpenAI’s broader expansion strategy following significant recent fundraising and acquisition activity.
What they’re saying: Raji emphasized the strategic focus on scaling AI-powered experiences through the partnership.