Instacart Chief Executive Fidji Simo is leaving the company to lead application development at OpenAI.
The post OpenAI Hires Instacart Chief Executive To Lead Applications. Instacart Stock Falls. appeared first on Investor's Business Daily.
Lawyers for Elon Musk said OpenAI’s countersuit accusing him of waging a campaign to harm the ChatGPT maker "fail as a matter of law."
Hims & Hers, the telehealth and wellness company, has hired a veteran of the autonomous vehicle industry as its next chief technology officer. The move, according to Hims & Hers co-founder and CEO, Andrew Dudum, was intentional. Hims & Hers…
Generative AI is radically reshaping the job market—creating new roles, changing some, and phasing out others. But here’s one effect of the transformative technology that’s not as widely talked about: It’s deepening long-standing workplace gender gaps…
Fidji Simo said it was an "incredibly hard decision" to leave Instacart for OpenAI, where she will be CEO of applications.
My biggest takeaway is that I wish I had access to this kind of feature when I was looking for a job out of college.
NVIDIA delivered blockbuster Q4 FY2025 results in February, with revenue up 78% year-over-year to $39.3 billion and full-year sales surging 114% to $130.5 billion. GAAP EPS rose 82% to $0.89. Management touted “Blackwell” GPU demand generating billions…
Scam calls are turning the world on its head. The Global Anti-Scam Alliance estimates that scammers stole a staggering $1.03 trillion globally in 2023, including losses from online fraud and scam calls. Robocalls and phone scams have long been a frust…
The move may raise questions about Sam Altman’s long-term commitment to remaining OpenAI’s CEO
Google AI researcher Stefania Druga told BI that a CS degree no longer guarantees a cushy tech job — and that’s the "wrong kind of goal" for students.
There’s so much competition in the artificial space that companies will just keep on spending, Goldman Sachs’ Eric Sheridan said.
The startup’s AI assistant makes it easier for construction companies to manage their supply chains.
Imagination Technologies is unveiling its E-Series graphics processing units (GPUs) for graphics and AI processing at the edge.
Simo, already a board member at OpenAI, will transition out of Instacart over the next few months and join the AI company full-time as Application CEO.
Altman said he will still remain as CEO of OpenAI.
I’m currently holding a buy call option on $PLTR that expires in about 3 months. Got in before earnings thinking the hype and AI narrative would send it flying. Instead… it dipped, did a half-hearted bounce, and now it’s chilling like it’s on vacation….
The policy change could make it easier for AI chip companies to sell into the Middle East.
Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it has invented a new kind of AI model architecture that’s intent…
Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent mig…
OpenAI has met with officials from the U.S. Food and Drug Administration (FDA) to discuss the agency’s use of AI to speed up drug evaluations, Wired reported on Wednesday. According to the report, OpenAI and the FDA have discussed a project calle…
Experts said the proliferation of AI-generated sexual-abuse material is worrying.
OpenAI’s Stargate seeks to export ‘democratic AI’—but will it also help the company secure more soft power on the global stage?
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The companies that are building AI data centers need to find the right “sound” to fulfill their energy needs. And when it comes to powering the data centers that support AI, one “sound”…
Anthropic is launching a new API that allows its Claude AI models to search across the web. Developers using it can build Claude-powered apps that deliver up-to-date info, the company said in a press release published Wednesday. The rollout of the API …
The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions that have drawn strong opposition from major tech companies and foreign governments, according to people familiar w…
An Apple executive said during an antitrust case that the company was ‘actively looking at’ reshaping its browser.
Wasn’t Apple about to license Gemini and integrate it into the iPhone? Would safari AI search be powered by Gemini? If so, how is this bad news for Google? Anyone have details on what Gemini would be used for if not AI search? submitted by …
Apple is considering reworking its Safari web browser across its devices to place a greater emphasis on AI-powered search engines, Bloomberg reported Wednesday.
The disclosure came from Eddy Cue, Apple’s senior vice president of services, during hi…
Microsoft’s Q3 shines with Azure’s 33% growth and AI leadership. Strong financials and strategic vision make MSFT stock a compelling buy for investors in 2025.
Tyler Denk, founder of newsletter startup beehiiv, is harnessing the power of AI to let a ‘DenkBot’ interact with his subscribers.
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