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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OpenAI’s Altman: Current Phones & Computers Fall Short for AI Potential, Advanced Hardware Needed

August 21, 2025 – During a recent podcast conversation with Zerodha co-founder Nikhil Kamath, OpenAI CEO Sam Altman voiced his concerns that current smartphones and computers are ill-suited for the future of artificial intelligence. Altman argued that the existing hardware forms of smartphones and computers can’t fully unleash the true potential of AI. He stressed…

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OpenAI Turns Every Employee into a Millionaire with $10M Retention Bonuses to Fend Off Rivals

August 8, 2025 – In a bold move to shield its workforce from the relentless talent raids by rivals, OpenAI has unveiled an unprecedented employee retention strategy, setting a new benchmark in Silicon Valley’s high-stakes war for AI expertise. Facing aggressive poaching attempts by Meta, which recently offered up to 100millioninsigningbonusestoluretopOpenAIresearchers,theChatGPTmakerannounceditwillgranteveryemployee—includingnewhires—a1.5 million incentive package. The…

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