OpenAI is investing $1.1 billion to acquire Statsig.

By: theblockbeats.news|2025/09/03 02:42:17
0
Share
copy

BlockBeats News, September 3rd, OpenAI, the artificial intelligence giant, confirmed on Tuesday that it is undergoing an executive team reorganization, establishing a new role of Application Chief Technology Officer, and acquiring product analytics company Statsig for $1.1 billion. The acquired company, Statsig, specializes in product optimization services such as A/B testing. Its founder and CEO, Vijaye Raji, will join OpenAI as the Application Chief Technology Officer, reporting directly to Application Business CEO Fidji Simo.

Simo joined OpenAI after resigning from her position as CEO of the grocery delivery platform Instacart on August 18th. In the announcement, OpenAI stated: "Following the completion of the transaction, Statsig employees will join the OpenAI team. The company will continue to operate independently and serve existing customers from its Seattle headquarters." (Jinse)

You may also like

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Overview of Important Market Events on June 24

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.

Former SpaceX engineer reconstructs the financial execution system using first principles

Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com