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OpenAI acquires Statsig for $1.1 billion as Nigerian billionaire Ogunlesi joins board

By NewsWireNGR

OpenAI acquires Statsig for $1.1 billion as Nigerian billionaire Ogunlesi joins board.

Since Nigerian billionaire Adebayo Ogunlesi joined OpenAI’s board earlier this year, the AI lab behind ChatGPT has been on a buying streak. Its latest move: the $1.1 billion acquisition of Seattle-based startup Statsig, known for tools that help companies test products and analyse real-time data.

The all-stock deal will bring Statsig fully in-house, giving OpenAI more control over product experimentation while allowing the startup to continue serving its clients.

This move follows OpenAI’s earlier $6.5 billion acquisition of Jony Ive’s AI devices startup, IO, signalling a push into both software and hardware.

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