SIMO – NewsNow

Instacart boss Fidji Simo was the first member of her family to graduate from high school. Sam Altman just carved out a brand-new ‘CEO’ role for her at OpenAI

May 8, 2025 by DON

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

May 8, 2025 by DON

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

Silicon Motion Technology Corporation (SIMO) Surges 14.08%: What’s Behind the Rally?

April 30, 2025 by DON

As of this writing, Silicon Motion Technology Corporation (NASDAQ: SIMO), a leading provider of NAND flash controllers for solid-state storage devices, has seen its stock price surge by an impressive 14.08%, reaching $51.52 per share. This significant gain comes on the back of the company’s recent announcement of its financial results for the first quarter … Read more