Overview
- Statsig founder Vijaye Raji will become CTO of Applications, leading product engineering for ChatGPT and Codex with responsibilities across infrastructure and integrity under CEO of Applications Fidji Simo.
- OpenAI said Statsig employees will join after closing, and the startup will continue serving customers independently from its Seattle office.
- The all-stock agreement values Statsig at about $1.1 billion based on OpenAI’s roughly $300 billion valuation, aligning with Statsig’s Series C valuation earlier this year.
- OpenAI created a dedicated enterprise track by naming Srinivas Narayanan CTO of B2B Applications, reporting to COO Brad Lightcap.
- Chief Product Officer Kevin Weil will start a new AI for Science group, and product leaders including ChatGPT head Nick Turley will now report to Simo.