OpenAI is planning to purchase Statsig in an all-stock agreement that values the product testing startup at approximately $1.1 billion based on OpenAI’s present valuation of $300 billion.

The creator of ChatGPT will also designate Statsig's CEO, Vijaye Raji, as OpenAI's chief technology officer for applications to enhance its artificial intelligence offerings in the face of intense competition from competitors.

The action follows OpenAI's acquisition of Jony Ive's startup, io Products, a few months prior in a $6.5 billion agreement to assist in creating AI hardware.

Supported by its leading product ChatGPT, OpenAI increased its revenue twofold in the first seven months of the year, achieving an annualized run rate of $12 billion, and is projected to hit $20 billion by the year's end.

The firm is also aiming to finalize a tender offer round to provide employee liquidity at a $500 billion valuation.

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Vijaye will lead product engineering for ChatGPT and the coding agent Codex, overseeing core systems and product lines, including infrastructure, as stated by the company.

Statsig creates tools that assist software developers in testing and identifying new features. It secured $100 million in financing earlier this year.

After the acquisition is complete, Statsig staff will transition to become employees of OpenAI. It will keep functioning independently and catering to its clientele from its Seattle location. We will adopt a careful strategy for any upcoming integration, maintaining consistency for existing customers and allowing the team to concentrate on their strengths.

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Recently, OpenAI and Anthropic partnered for a unique joint assessment: they conducted respective safety and misalignment evaluations on each other’s publicly available models and are now publicly sharing the findings.
This method fosters transparent and accountable assessment, ensuring that the models from each lab are consistently evaluated against innovative and demanding situations.

They have now introduced GPT-5, which demonstrates significant advancements in aspects such as sycophancy, hallucinations, and resistance to misuse, highlighting the advantages of reasoning-driven safety methods.