OpenAI’s $1.1B Statsig Buy: CEO Appointed to Lead Applied Tech for Faster Product Rollout

September 3, 2025 – Early this morning, OpenAI made a major move by announcing its acquisition of product – testing startup Statsig through an all – stock deal. Based on OpenAI’s current valuation of 300billion,thistransactionisestimatedtobewortharound1.1 billion. As per OpenAI’s plans, after joining the company, Vijaye Raji, the CEO of Statsig, will take on the role…

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After U.S. Government Takes Stake, Intel Gets Reprieve from Some CHIPS Act Duties

September 1, 2025 – On August 23, Intel made a groundbreaking announcement regarding a significant agreement with the U.S. government. The government is set to invest a whopping 8.9billioninthechip−makinggiantinexchangefora9.95.7 billion coming from the pre – allocated CHIPS Act funds and an additional $3.2 billion from the “Secure Enclave” initiative. During the Deutsche Bank 2025 Technology…

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