OpenAI Buys Dev App Statsig For $1.1 Billion: Here's Why

OpenAI is buying Statsig, signalling a push beyond research into building powerful tools for developers worldwide.

By : Annie Sharma | Updated at : 03 Sep 2025 01:48 PM (IST)

openai buys statsig in 1 billion deal to expand developer tools OpenAI Buys Dev App Statsig For $1.1 Billion: Here's Why

OpenAI’s $1.1B Statsig deal brings new focus on developer tools and applications.

OpenAI, the company behind ChatGPT, is making one of its biggest moves yet. It has agreed to buy Statsig, a startup that helps software developers test new features, in an all-stock deal worth $1.1 billion.

Statsig was founded in 2021, and its tools are already used by OpenAI, Eventbrite, and SoundCloud. This deal shows how OpenAI wants to go beyond just AI research and focus more on building useful tools for developers around the world.

What happens to Statsig now

As reported by Bloomberg News, Vijaye Raji, founder and CEO of Statsig, will join OpenAI as chief technology officer of applications, as part of the deal. He will report to Fidji Simo, the former Instacart head who now leads OpenAI’s apps division.

Raji is expected to help developers create safe and powerful apps with OpenAI’s technology. Statsig will keep operating from Seattle but will now be a bigger part of OpenAI’s ecosystem.

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Why this deal matters for OpenAI

This year, OpenAI has been on a buying spree. In July, it bought a startup co-founded by Apple’s former design chief Jony Ive in a $6.5 billion stock deal. It also tried to buy coding startup Windsurf for $3 billion, though that plan fell through, as further reported by Bloomberg.

OpenAI recently raised $40 billion in funding at a huge $300 billion valuation and may soon let employees sell shares at a $500 billion value.

The Statsig deal is still waiting for approval from regulators. At the same time, OpenAI is reshuffling its top team. Kevin Weil will now lead a new “AI for Science” unit, while Srinivas Narayanan becomes chief technology officer of B2B applications.

These moves show OpenAI is getting serious about not just research, but also building products that millions of people can use.

About the author Annie Sharma

Annie Sharma is a technology journalist at ABP Live English, focused on breaking down complex tech stories into clear, reader-friendly narratives. Gaining hands-on experience in digital storytelling and news writing with leading publications, Annie believes technology should feel accessible rather than overwhelming, and follows a clear, reader-first approach in her work.

For tips and queries, you can reach out to her at annies@abpnetwork.com.