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Welcome back to Week in Review! We’ve got lots of news for you this week: There were CEO shake-ups at Instacart and 11x; the web series is back — kind of; Threads is getting video ads; and much more. Let’s get to it! Big move: Instacart CEO Fidji Simo will become OpenAI’s CEO for Applications, … Read more
Social media startup Fizz is suing grocery delivery giant Instacart and party planning app Partiful for trademark infringement, the company announced on Thursday. Earlier this week, Instacart launched a new drinks and snack delivery app for parties called Fizz and announced that Partiful had integrated Fizz directly into its platform. Founded in 2020, Fizz is a … Read more
OpenAI announced Thursday it’s bringing on Fidji Simo, the CEO of Instacart, to become the company’s first-ever CEO of Applications. While Sam Altman will continue to oversee every aspect of the company as CEO, Simo’s new role “brings together a group of existing business and operational teams responsible for how our research reaches and benefits … Read more
Instacart CEO Fidji Simo is joining OpenAI as Application CEO, the ChatGPT maker said on Thursday. Simo, already a board member at OpenAI, will transition out of Instacart over the next few months and join the AI company full-time later this year. OpenAI CEO Sam Altman said he would continue in his role, overseeing verticals … Read more
Highstock connects brands’ overstock inventory with buyers around the world. Read More
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