Corporate Structure AI News & Updates
Elon Musk Merges SpaceX and xAI Creating Massive AI-Space Conglomerate
February 6, 2026 18:46
Elon Musk has merged SpaceX and xAI, forming a powerful conglomerate that combines space technology with artificial intelligence development. With Musk's $800 billion net worth and emphasis on "velocity of innovation," t...
Instacart CEO Fidji Simo Appointed as OpenAI's CEO of Applications
May 8, 2025 06:30
OpenAI has announced that Fidji Simo, the current CEO of Instacart and OpenAI board member, will join as CEO of Applications later this year. Simo, who previously spent over a decade at Meta leading product development a...