OpenAI
Acquisitions
4
Major Deals Covered
$7.6B
Disclosed Deal Value
OpenAI's largest disclosed acquisition here is io Products for $6.5B in 2025. This page covers 4 major deals from 2023 to 2025, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Global Illumination | 2023 | Undisclosed | Digital product studio founded by former Instagram and YouTube designers; OpenAI's first public acquisition. |
| Rockset | 2024 | Undisclosed | Real-time analytics and search database used to strengthen retrieval for enterprise products. |
| io Products | 2025 | $6.5B | AI hardware startup co-founded by former Apple design chief Jony Ive. |
| Statsig | 2025 | $1.1B | Product experimentation platform. |
2025
$6.5B
AI hardware startup co-founded by former Apple design chief Jony Ive.
Gave OpenAI an in-house devices team; Ive's LoveFrom took on design work across OpenAI.
All-equity deal valued at just under $6.5 billion, OpenAI's largest acquisition.
2025
$1.1B
Product experimentation platform.
Founder Vijaye Raji became CTO of Applications.
All-stock deal of about $1.1 billion.
2024
Real-time analytics and search database used to strengthen retrieval for enterprise products.
Rockset's team and technology were folded into OpenAI's retrieval infrastructure.
Terms were not disclosed.
2023
Digital product studio founded by former Instagram and YouTube designers; OpenAI's first public acquisition.
Added consumer product design talent to ChatGPT teams.
Terms were not disclosed.
OpenAI is growing on four fronts: selling ChatGPT and Codex into enterprises, turning ChatGPT into a broader 'super app' with agents, shopping and apps inside the chat, building its own compute through the Stargate data center program and chip partnerships, and moving into hardware through the 2025 acquisition of Jony Ive's io. Acquisitions such as Statsig (2025) brought in product and engineering leaders for the applications business.
OpenAI earns revenue in three main ways. First, ChatGPT subscriptions: consumer tiers such as Plus and Pro, plus Business, Enterprise and Edu seats sold to organizations. Second, the API platform, where developers and companies pay per token to build OpenAI models (GPT, reasoning, image, audio and embeddings) into their own software. Third, enterprise and partner deals, including Codex coding agents, custom deployments, and revenue sharing with Microsoft, which resells OpenAI models through Azure. ChatGPT also has a free tier funded by paid users, and OpenAI has been adding commerce and advertising-style formats to monetize free usage.
In August 2023, OpenAI completed its first-ever public acquisition by purchasing New York-based digital product and gaming studio Global Illumination (founded by Thomas Dimson, Taylor Gordon, and Joey Flynn, who previously led core product design at Instagram and YouTube), absorbing top consumer UI and graphics engineering talent.
In June 2024, OpenAI acquired real-time enterprise analytics and vector database leader Rockset, integrating its advanced indexing and search technology to power low-latency Retrieval-Augmented Generation (RAG) and intelligent data search across ChatGPT Enterprise.
In June 2024, OpenAI acquired Multi (formerly Remotion), a remote video collaboration and screen-sharing platform founded by Alexander Embiricos and Charley Ho, integrating its engineering team to build next-generation desktop collaboration and multi-user agent interfaces.
OpenAI secured multi-year strategic intellectual property agreements with premier media publishers, including News Corp (The Wall Street Journal), Axel Springer (Politico, Business Insider), Time, and Financial Times, accessing high-quality journalistic training archives.
OpenAI's largest acquisition is io Products, the AI hardware startup co-founded by Jony Ive, bought in May 2025 in an all-equity deal worth just under .5 billion. It also bought Statsig for about .1 billion in stock in 2025.
In June 2024, OpenAI acquired real-time analytics database provider Rockset. Rockset's vector search indexing and data retrieval engine were integrated directly into OpenAI's retrieval-augmented generation (RAG) infrastructure, enabling enterprise customers to connect internal databases to ChatGPT with sub-second latency.
Rather than acquiring media publishers outright, OpenAI executes multi-year content licensing partnerships with major news corporations (including Axel Springer, News Corp, Financial Times, Time, and Reddit), securing authorized access to high-quality training text and real-time news retrieval while avoiding corporate liability.
OpenAI selectively executes tuck-in acquisitions of elite engineering teams that have built real-time collaborative workspaces (Multi), game design systems (Global Illumination), and low-latency database engines, integrating talent directly into post-training and consumer product teams.
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