Who Is Vijaye Raji and Why Did OpenAI Acquire Statsig for $1.1B?

OpenAI has acquired Statsig, a startup founded by Indian-origin entrepreneur Vijaye Raji, for $11 billion in an all-stocks deal, marking a significant event in the tech industry.

Vijaye Raji, who was born in Puducherry, India, and developed a passion for coding at age 12, will join OpenAI as the Chief Technology Officer (CTO) of Applications, reporting directly to the CEO of Applications, Fidji Simo

Statsig is a platform that enables businesses to test, measure, and optimize their products through reliable data-driven decisions, enhancing user experience and operational efficiency

Even after the acquisition, Statsig will continue to operate independently, maintaining continuity for its existing customers while its employees transition to OpenAI

Raji's professional journey includes leadership roles at Microsoft and Meta (Facebook), where he built and scaled complex consumer and enterprise products, demonstrating his engineering expertise and strategic business insight

Raji holds a Bachelor of Engineering from Pondicherry University and has over 20 years of experience in the technology sector, making him a key figure in AI-driven product development

Expressing his excitement on social media, Raji highlighted the opportunity to bring his experience to OpenAI, advancing AI solutions that are reliable and beneficial globally

For OpenAI, the acquisition strengthens its product experimentation and testing capabilities, enhancing both consumer-facing and enterprise AI offerings

With Raji's leadership, OpenAI aims to accelerate the creation of reliable, consumer-focused, and enterprise-ready AI solutions, marking a new era of impactful and data-driven AI applications

This acquisition underlines OpenAI's ambition to expand its AI ecosystem by integrating proven engineering and entrepreneurial expertise, promising significant advancements in AI technology