• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

7 Things Nearly Everybody Gets Wrong About Heating Their Homes

January 17, 2026

These 4 Companies Consistently Have the Most Remote Jobs

January 17, 2026

Why Paying Your Bills with Money Orders Now Costs 1% More in 2026

January 17, 2026
Facebook Twitter Instagram
Trending
  • 7 Things Nearly Everybody Gets Wrong About Heating Their Homes
  • These 4 Companies Consistently Have the Most Remote Jobs
  • Why Paying Your Bills with Money Orders Now Costs 1% More in 2026
  • Is It Time For Retirees To Cash In Their Stock Market Gains?
  • Experts Urge Homebuyers to Do This at Least 5 Days Before Applying for a Mortgage
  • Workers Are Torn Between Ambition and Anxiety in 2026, According to Survey
  • 8 Reasons You Fail to Hit Your Financial Goals (and What to Do About It)
  • I’m a CPA: 7 Tax Breaks Seniors Forget to Claim
Sunday, January 18
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » OpenAI Hires Instacart CEO to Oversee ChatGPT, Applications
Make Money

OpenAI Hires Instacart CEO to Oversee ChatGPT, Applications

News RoomBy News RoomMay 8, 20256 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

A leading e-commerce executive will soon head OpenAI’s applications business.

Instacart CEO Fidji Simo, 39, announced on Wednesday in a LinkedIn post that she is leaving the grocery delivery service to join OpenAI as CEO of Applications later this year. In the new role, she will lead OpenAI’s products, including ChatGPT, and report directly to CEO Sam Altman, 40.

Simo wrote that she will remain CEO of Instacart “for a couple of months” to ensure a smooth transition. Even after she leaves, she will remain the chair of Instacart’s board.

“Let me start by saying this was an incredibly hard decision because I love this company,” Simo wrote in the LinkedIn post, which was a copy of a message she sent to the Instacart team.

Related: ‘Our Mission Remains the Same’: OpenAI Reverses Course, Says Its Nonprofit Will Remain in Control of the Business

Simo wrote that her “passion for AI” and “the potential it has to cure diseases” persuaded her to join OpenAI. Wired reported on Wednesday that OpenAI is in talks with the FDA to use AI for drug evaluations, potentially speeding up the time it takes for a drug to hit the market. Simo, meanwhile, is co-founder and president of a medical research center called Metrodora, which focuses on diagnosing and treating neuroimmune disorders.

“The ability to lead such an important part of our collective future was a hard opportunity to pass up,” Simo stated.

In an OpenAI blog post on Wednesday, Altman wrote that Simo, who joined OpenAI’s board last year, had “already contributed a great deal” to the company. He did not provide specific examples of Simo’s contributions, but wrote that she would now be responsible for helping lead the company through a new phase of growth. In March, OpenAI finalized a $40 billion fundraising round that valued the company at $300 billion. This week, OpenAI announced that its non-profit arm would continue to control its for-profit business to ensure OpenAI’s mission of AI that “benefits all of humanity.”

The Applications division is one of OpenAI’s three core businesses (Research and Compute and the other two). Altman wrote in a post on X that Simo’s appointment means he can focus more on research as the company works towards superintelligence, AI that surpasses human intelligence in all areas.

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.

— Sam Altman (@sama) May 8, 2025

Bloomberg reports that OpenAI’s Chief Operating Officer Brad Lightcap, Chief Financial Officer Sarah Friar, and Chief Product Officer Kevin Weil will report to Simo when she joins OpenAI.

Simo has been the CEO of Instacart since 2021, leading the company through the pandemic and to a September 2023 initial public offering. Since the company went public, Instacart shares have grown by over 47% at the time of writing. The company saw its first quarter revenue for 2025 increase 9% year-over-year to $897 million, with order volume up 14%.

Before Instacart, Simo worked at Meta for a decade and held the role of vice president and head of the Facebook app from 2019 to 2021. She introduced ads to the Facebook app and built Facebook Live, overseeing a team of 6,000 people.

Related: Saying ‘Please’ and ‘Thank You’ to ChatGPT Costs OpenAI ‘Tens of Millions of Dollars’



Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

7 Things Nearly Everybody Gets Wrong About Heating Their Homes

Burrow January 17, 2026

These 4 Companies Consistently Have the Most Remote Jobs

Make Money January 17, 2026

Why Paying Your Bills with Money Orders Now Costs 1% More in 2026

Budgeting January 17, 2026

Experts Urge Homebuyers to Do This at Least 5 Days Before Applying for a Mortgage

Burrow January 16, 2026

Workers Are Torn Between Ambition and Anxiety in 2026, According to Survey

Make Money January 16, 2026

8 Reasons You Fail to Hit Your Financial Goals (and What to Do About It)

Burrow January 15, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

These 4 Companies Consistently Have the Most Remote Jobs

January 17, 20261 Views

Why Paying Your Bills with Money Orders Now Costs 1% More in 2026

January 17, 20260 Views

Is It Time For Retirees To Cash In Their Stock Market Gains?

January 16, 20260 Views

Experts Urge Homebuyers to Do This at Least 5 Days Before Applying for a Mortgage

January 16, 20260 Views
Don't Miss

Workers Are Torn Between Ambition and Anxiety in 2026, According to Survey

By News RoomJanuary 16, 2026

voronaman / Shutterstock.comThe outlook for 2026 is anything but straightforward for U.S. workers. Findings from…

8 Reasons You Fail to Hit Your Financial Goals (and What to Do About It)

January 15, 2026

I’m a CPA: 7 Tax Breaks Seniors Forget to Claim

January 15, 2026

The Best Budgeting Apps for Getting Your Finances Together

January 14, 2026
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.