News Summary

Fidji Simo, currently the CEO of Instacart, will be transitioning to OpenAI as the CEO of Applications. She will report directly to Sam Altman, OpenAI’s CEO. Simo, who has been a board member at OpenAI, is expected to bring her extensive experience in product management and monetization to oversee the Applications division. Her role will involve scaling traditional company functions and ensuring the company’s research benefits the global community. Simo will continue to serve as the chair of Instacart’s board, and a new CEO for Instacart will be announced soon.