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Nscale adds former OpenAI exec Fidji Simo to its board ahead of potential IPO

AI data center startup Nscale appointed former OpenAI executive Fidji Simo to its board ahead of a planned fall IPO and reported $3.5 billion raise.

Nscale, a UK-based AI data center startup founded two years ago, appointed Fidji Simo to its board. Simo was formerly CEO of AGI Deployment at OpenAI (the lab's No. 2 executive), and previously served as Instacart CEO through its 2023 IPO and as head of the Facebook app at Meta. She joins Sheryl Sandberg, Susan Decker, and Nick Clegg on the board as the company prepares for an anticipated IPO this fall. Nscale is reportedly attempting to raise up to $3.5 billion ahead of the IPO, according to Bloomberg.

TechCrunch · AI · 4d agoAI industry

Instacart launches an AI grocery shopping assistant called Clementine

Instacart launches Clementine, a conversational AI grocery assistant that turns chats, lists, or recipes into purchasable carts in the US and Canada.

Instacart launched Clementine, an AI assistant that converts conversations, grocery lists, photos of handwritten lists, or recipes into ready-to-buy carts, now available in the US and Canada. It generates personalized recipes, tailors recommendations to dietary needs such as gluten-free and vegetarian, and surfaces deals and lower-cost alternatives. Uber Eats and DoorDash have launched similar AI assistants as delivery apps compete to become households' default meal-planning tools.

TechCrunch · AIupdated · 6d agofirst · 6d agoAI industry 2 sources