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AI News from ET - OpenAI to acquire product testing startup Statsig, appoints CTO of applications

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OpenAI is buying startup Statsig in an all-stock deal worth $1.1 billion. Statsig’s CEO, Vijaye Raji, will lead product engineering at OpenAI, focusing on ChatGPT and Codex. The move comes just a few months after OpenAI acquired Jony Ive's former startup, io Products. Statsig will stay independent but operate under OpenAI from its Seattle office.

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