Taste Of Capital
  • Politics
  • Investing
  • Business
  • Stock
Home Stock OpenAI appoints Instacart CEO to lead apps as Altman shifts focus to research, safety
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
‘New sheriff in town’: State finance leader rallies around key Trump victory saving ‘taxpayer dollars’
next post
Binance reserve data reveals BTC, ETH, and USDT holdings surpass customer assets

Related Posts

Google stock slides after Apple exec links Safari search dip...

May 8, 2025

Europe markets open: stocks poised higher; central banks, earnings dominate...

May 8, 2025

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

May 8, 2025

Tata Motors rallies on UK-India FTA hopes and potential US-UK...

May 8, 2025

Top stocks forecasts ahead of earnings: Toast, Pinterest, Affirm, DraftKings

May 8, 2025

Asian stocks close mostly higher: Nikkei up 0.41%, Hang Seng...

May 8, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Stock News

    • Google stock slides after Apple exec links Safari search dip to AI use

      May 8, 2025
    • Europe markets open: stocks poised higher; central banks, earnings dominate agenda

      May 8, 2025
    • Shopify stock price analysis: buy, hold, or sell ahead of earnings?

      May 8, 2025
    • Tata Motors rallies on UK-India FTA hopes and potential US-UK deal as analysts turn bullish

      May 8, 2025
    • Top stocks forecasts ahead of earnings: Toast, Pinterest, Affirm, DraftKings

      May 8, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TasteOfCapital.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.
    Copyright © 2025 TasteOfCapital.com All Rights Reserved.

    Taste Of Capital
    • Politics
    • Investing
    • Business
    • Stock