OpenAI to acquire product testing startup Statsig, appoints CTO of applications

OpenAI said on Tuesday it will acquire Statsig in an all-stock deal valuing the product testing startup at about $1.1 billion based on OpenAI’s current valuation of $300 billion.

The ChatGPT maker will also appoint Statsig’s chief executive officer, Vijaye Raji, as OpenAI’s tech chief of applications, in a push to build on its artificial intelligence products amid strong competition from rivals.

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