Instacart CEO Joins OpenAI, Plus Tech News Recap
This week brought significant leadership changes, AI advancements, and other notable tech news. Here’s a quick recap:
Instacart CEO Moves to OpenAI
Instacart CEO Fidji Simo is joining OpenAI as CEO for Applications. Simo, already an OpenAI board member, will focus on scaling "traditional" company functions, according to OpenAI CEO Sam Altman. Learn More
OpenAI Restructures, Retains Nonprofit Control
OpenAI reversed its earlier decision and announced its nonprofit division will maintain control over its for-profit operations. This follows discussions with civic leaders and Attorneys General in Delaware and California. Learn More
11x CEO Steps Down
11x CEO Hasan Sukkar resigned, transitioning to a non-executive chairman role. This follows reports of 11x displaying logos of non-customers on its website. Learn More
Other Tech News Highlights
- Tesla's trademark applications for "Cybercab" and "Robotaxi" were rejected for being too generic. Learn More
- Meta CEO Mark Zuckerberg unveiled plans for an AI-powered ad tool. Learn More
- Meta is testing video ads on Threads, its text-based platform. Learn More
- Posha introduced a countertop robot that automates meal preparation. Learn More
- Scripted web series are making a comeback on TikTok. Learn More
- Bill Gates announced the Gates Foundation plans to spend all its resources and cease operations by 2045. Learn More
OpenAI's Future After Restructuring
OpenAI's new structure may appease investors but could impact future ambitions, including a potential IPO. Learn More
