Instacart’s CEO tapped to run OpenAI apps as Altman shifts focus to AI safety
By: cryptopolitan|2025/05/08 12:15:02
0
Share
Fidji Simo, CEO of Instacart, will join OpenAI in a new position as chief executive officer of OpenAI applications. Simo will report directly to CEO Sam Altman, who will continue to lead the Microsoft-backed creator of ChatGPT.Altman announced Simo’s hiring in a message to employees on Wednesday. OpenAI published Altman’s message as a blog post on the same day. He wrote:“Applications brings together a group of existing business and operational teams responsible for how our research reaches and benefits the world, and Fidji is uniquely qualified to lead this group.”The move signals a strategic shift for the company as Altman transitions his focus toward artificial intelligence safety and research.The announcement comes just two days after OpenAI scaled back a major restructuring plan with its nonprofit parent retaining control in a move that is likely to curb Altman’s authority.According to Altman, Simo has greatly contributed to the firm since joining OpenAI’s board in March 2024. He added that Simo will start work at OpenAI later this year as she transitions from her role at Instacart over the next few months.Altman moves into a new stage of expansion, leaving Simo in charge of OpenAIThe announcement came after OpenAI last month said it yielded to pressure from former employees and civic leaders who had insisted the nonprofit would retain control of the business even as it reorganized itself as a public benefit corporation.Founded in 2015 as a research lab, OpenAI has been at odds with co-founder Elon Musk, whose xAI is an AI rival. Musk is also playing the generative AI game through his startup, xAI, and trying to stop OpenAI from going for-profit.On the OpenAI website, Altman said Fidji’s new role will focus on enabling their “traditional” business operations to grow as they enter a phase of expansion, noting that they were still OpenAI.Altman stated in a post on X that he would be able to concentrate more on research, computation, and safety in this new setup. Based on his argument, these areas are important as they got closer to superintelligence.Simo expressed in an X post that she would continue to serve as Instacart’s CEO for the upcoming months and then continue as chair of the board after that. Simo wrote that she was appreciative of her Instacart team for the incredible journey they took together and that she was excited to help the next CEO through the transition. In response, Instacart revealed that it would soon name Simo’s replacement, who will be among its “exceptionally skilled senior executives.”“Today’s announcement is not a reflection of any changes in our business or operations,” Instacart, which forecast second-quarter core profit above Wall Street estimates this month, said in a statement on Thursday.After Simo’s appointment, one source, who spoke anonymously, said that she would supervise several other executives who used to report directly to Altman. The source said she would confidently debate management issues with COO Brad Lightcap, CFO Sarah Friar, and CPO Kevin Weil. The individual added that Altman will still lead the safety, growth, and research efforts.Simo led Instacart through a successful IPO and proved longevity beyond the pandemicA year earlier, Simo went public with Instacart, helping to end the longest tech IPO drought in thirty years. Concerning this, the company, which employs many contractors to deliver groceries to customers, experienced a boom when Americans were sheltered indoors during the COVID-19 pandemic.Simo stated that several wondered if Instacart would be just another pandemic fad. However, they proved doubters wrong by maintaining the COVID gains and expanding to be profitable and sustainable.Before joining Instacart, Simo became famous as the lead executive in charge of the Facebook app at Meta, where she worked from 2019 to 2021. A French native, she was also one of the highest-ranking women at the company after chief business officer Marne Levine and then-chief operating officer Sheryl Sandberg.Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
You may also like
The ten years of Cloud on the Air: From corner coffee to global financial infrastructure
How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.
Trump, the best stock trader among U.S. presidents
Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The moment faith was securitized, Bitcoin became a bill.
The cryptocurrency industry has become a traditional industry
For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
July 5 Market Important Events Overview
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.
Strategy Founder: The Next 10 Years of Bitcoin
In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.
The ten years of Cloud on the Air: From corner coffee to global financial infrastructure
How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.
Trump, the best stock trader among U.S. presidents
Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The moment faith was securitized, Bitcoin became a bill.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com



