OpenAI Buys Startup Statsig For $1.1B In All-Stock Deal In One Of Its Largest Acquisitions

Benzinga

OpenAI said Tuesday it will acquire product testing startup Statsig in an all-stock deal valued at $1.1 billion, according to Bloomberg. The deal marks one of the ChatGPT maker’s largest acquisitions to date. Statsig, founded in 2021, builds feature testing and flagging tools used by companies including Eventbrite and SoundCloud. OpenAI has stepped up major acquisitions this year, supported by its rising valuation. The company raised $40 billion at a $300 billion valuation in March and is now exploring a $500 billion share sale. In July, OpenAI completed a $6.5 billion acquisition of a Jony Ive–co-founded AI device startup, while a separate $3 billion deal for coding startup Windsurf collapsed. Statsig’s acquisition remains subject to regulatory review.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02OpenAI said Tuesday it will acquire product testing startup Statsing in an all-stock deal

00:07valued at $1.1 billion, according to Bloomberg. Deal marks one of the Chad GBT makers' largest

00:12acquisitions to date. Statsing, founded in 2021, builds feature testing and flagging tools used

00:18by companies including Eventbrite and SoundCloud. OpenAI has stepped on major acquisitions this

00:23year, supported by its rising valuation. The company raised $40 billion in a $300 billion

00:27valuation in March and is now exploring a $500 billion share sale. In July, OpenAI completed

00:33a $6.5 billion acquisition of a Jodi I've co-founded AI device startup, while a separate $3 billion

00:39deal for coding startup Windsurf collapsed. Statsing's acquisition remains subject to

00:44regulatory review. For all things money, visit Benzinga.com.

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