Top Posts
Binance reserve data reveals BTC, ETH, and USDT...
OpenAI appoints Instacart CEO to lead apps as...
US stocks open higher: Dow climbs 220 points,...
US-UK trade deal explained: 10% duty on 100,000...
How well is Carvana positioned to withstand Trump’s...
Why are altcoins like IOTA, EOS, Quant, and...
Top crypto price forecast: Popcat, Mog Coin, Kaito,...
Shopify stock price analysis: buy, hold, or sell...
Top stocks forecasts ahead of earnings: Toast, Pinterest,...
USD/CHF technical analysis: why the Swiss franc surge...
Major Gross Profit – Investing and Stock News
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick
Stock

OpenAI appoints Instacart CEO to lead apps as Altman shifts focus to research, safety

by admin May 8, 2025
May 8, 2025

OpenAI has appointed Instacart CEO Fidji Simo to head its Applications division, a key leadership shift as the company ramps up its focus on artificial general intelligence (AGI).

CEO Sam Altman, who will remain in his current role, announced that he is stepping away from day-to-day product responsibilities to concentrate on research, infrastructure, and safety.

Sam Altman

@sama

·Follow

so excited that @fidjissimo is joining openai in a new role: ceo of applications, reporting to me.

i’ll remain ceo of openai, but in this new configuration i’ll be able to increase my focus on research, compute, and safety.

these are critical as we approach superintelligence.

10:24 am · 8 May 2025

0

Reply

Read 1 reply

The transition reflects OpenAI’s broader organisational restructuring and growing ambition to steer the global development of superintelligence responsibly.

The move also comes at a critical time as OpenAI navigates mounting regulatory and legal scrutiny, particularly around Altman’s separate project, World—a biometric identity system that uses iris scans in exchange for cryptocurrency tokens.

While OpenAI sharpens its product roadmap and executive structure, its involvement in high-risk, high-reward technologies is drawing intensified global attention.

Simo’s appointment adds a veteran consumer tech voice to the leadership table just as OpenAI enters a new stage of growth and oversight.

Simo takes over the core apps

Simo will lead OpenAI’s Applications group, which includes ChatGPT and other front-facing products, and will also manage scaling traditional corporate functions.

While she will continue serving as Instacart’s CEO during the transition, she plans to move to the Chair position of its board.

The move consolidates OpenAI’s product vision under a tech executive with extensive consumer platform experience.

At Meta (then Facebook), Simo led the development of high-traffic features like News Feed, Stories, Marketplace, and Facebook Live.

Her decade-long experience in scaling digital products for billions of users is expected to support OpenAI’s strategy of making AI tools more accessible and commercially viable while maintaining responsible deployment.

World faces data rulings

The leadership overhaul coincides with mounting legal pressure on World, a separate project co-founded by Altman and Alex Blania.

The biometric crypto platform scans users’ irises in exchange for WLD tokens, raising concerns over data privacy and consent.

On 29 April, Kenya’s High Court ordered the deletion of all biometric data collected by World, citing a lack of valid user consent and questioning the use of tokens as incentives.

Indonesia also suspended World’s operations for violating electronic system rules and using another entity’s credentials.

Despite regulatory resistance, World has recently launched in six major US cities, including San Francisco, Austin, and Miami.

The post OpenAI appoints Instacart CEO to lead apps as Altman shifts focus to research, safety appeared first on Invezz

previous post
US stocks open higher: Dow climbs 220 points, Nasdaq jumps 1%
next post
Binance reserve data reveals BTC, ETH, and USDT holdings surpass customer assets

related articles

Binance reserve data reveals BTC, ETH, and USDT...

May 8, 2025

US stocks open higher: Dow climbs 220 points,...

May 8, 2025

US-UK trade deal explained: 10% duty on 100,000...

May 8, 2025

How well is Carvana positioned to withstand Trump’s...

May 8, 2025

Data reveals $TRUMP meme coin profited a few,...

May 7, 2025

Why did Disney pick Abu Dhabi for its...

May 7, 2025

Vamos Q1 profit slumps 46% amid high rates,...

May 7, 2025

AMD is a ‘stable second source for GPUs’:...

May 7, 2025

Alphabet (GOOG) shares tumble as Apple’s Eddy Cue...

May 7, 2025

Brazil’s Embraer sees limited US tariff impact, holds...

May 6, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Binance reserve data reveals BTC, ETH, and USDT holdings surpass customer assets
  • OpenAI appoints Instacart CEO to lead apps as Altman shifts focus to research, safety
  • US stocks open higher: Dow climbs 220 points, Nasdaq jumps 1%
  • US-UK trade deal explained: 10% duty on 100,000 cars annually, levies on steel imports scrapped
  • How well is Carvana positioned to withstand Trump’s 2025 tariffs?

Editor’s Pick

Why are altcoins like IOTA, EOS, Quant, and...

May 8, 2025

Top crypto price forecast: Popcat, Mog Coin, Kaito,...

May 8, 2025

Shopify stock price analysis: buy, hold, or sell...

May 8, 2025

Top stocks forecasts ahead of earnings: Toast, Pinterest,...

May 8, 2025

USD/CHF technical analysis: why the Swiss franc surge...

May 8, 2025
Footer Logo
  • Email Whitelisting
  • Terms and Conditions
  • Privacy Policy
  • Contacts
  • About us

Copyright © 2025 MajorGrossProfit.com All Rights Reserved.

Major Gross Profit – Investing and Stock News
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick