The Fort Worth Press - From fishing family to Big Tech: French CEO takes on Silicon Valley

USD -
AED 3.672502
AFN 64.999855
ALL 81.123148
AMD 360.497181
ANG 1.789785
AOA 916.999986
ARS 1545.270759
AUD 1.434916
AWG 1.8
AZN 1.703071
BAM 1.744435
BBD 2.013263
BDT 124.343874
BGN 1.747831
BHD 0.37725
BIF 3004
BMD 1
BND 1.278581
BOB 12.140484
BRL 5.457801
BSD 0.999585
BTN 94.811201
BWP 13.808328
BYN 2.953267
BYR 19600
BZD 2.01032
CAD 1.39708
CDF 2310.000322
CHF 0.817335
CLF 0.024838
CLP 977.550076
CNY 6.6483
CNH 6.671015
COP 3211.19
CRC 454.527211
CUC 1
CUP 23.989333
CVE 98.875027
CZK 21.754903
DJF 177.720018
DKK 6.67911
DOP 60.250035
DZD 135.955684
EGP 55.369692
ERN 15
ETB 162.433359
EUR 0.89365
FJD 2.24925
FKP 0.745229
GBP 0.745355
GEL 2.594999
GGP 0.745229
GHS 11.649692
GIP 0.745229
GMD 73.499154
GNF 8799.999722
GTQ 7.642051
GYD 209.539525
HKD 7.845475
HNL 26.869372
HRK 6.76901
HTG 131.015506
HUF 326.115498
IDR 18160
ILS 3.15975
IMP 0.745229
INR 94.65495
IQD 1515.298819
IRR 1879654.00015
ISK 121.706766
JEP 0.745229
JMD 158.843703
JOD 0.708972
JPY 158.023502
KES 129.880265
KGS 87.449798
KHR 4085.000313
KMF 439.999915
KPW 899.999961
KRW 1344.249897
KWD 0.31143
KYD 0.832995
KZT 452.368741
LAK 22529.999848
LBP 89549.999881
LKR 332.306128
LRD 170.224997
LSL 16.636267
LTL 2.95274
LVL 0.60489
LYD 6.414756
MAD 9.828437
MDL 18.057593
MGA 4514.054577
MKD 54.970034
MMK 2099.543828
MNT 3601.136904
MOP 8.078026
MRU 40.503405
MUR 47.286243
MVR 15.460018
MWK 1736.999992
MXN 18.562015
MYR 4.076298
MZN 63.901049
NAD 16.636267
NGN 1344.330107
NIO 36.783168
NOK 9.24443
NPR 151.697565
NZD 1.78036
OMR 0.384494
PAB 0.999799
PEN 3.467019
PGK 4.482837
PHP 63.444959
PKR 276.504083
PLN 3.952805
PYG 5917.059487
QAR 3.653878
RON 4.772699
RSD 105.117005
RUB 81.500364
RWF 1478.412502
SAR 3.764439
SBD 8.058206
SCR 13.731946
SDG 601.500885
SEK 9.79287
SGD 1.28086
SHP 0.748335
SLE 22.898196
SLL 20969.504398
SOS 571.280766
SRD 37.579498
STD 20697.981008
STN 21.85227
SVC 8.746259
SYP 13001.999685
SZL 16.630915
THB 33.742497
TJS 9.191303
TMT 3.5
TND 2.987517
TOP 2.40776
TRY 49.997605
TTD 6.761717
TWD 32.83001
TZS 2643.29797
UAH 45.650373
UGX 4277.693292
UYU 40.190338
UZS 11944.718217
VES 887.479801
VND 25760
VUV 118.901474
WST 2.774695
XAF 586.196173
XAG 0.020518
XAU 0.000256312989
XCD 2.70255
XCG 1.80143
XDR 0.707052
XOF 586.196173
XPF 106.371498
YER 236.196825
ZAR 16.649625
ZMK 9001.195602
ZMW 20.242167
ZWL 321.999592
SSP 5745.200537
MXV 2.089902
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

From fishing family to Big Tech: French CEO takes on Silicon Valley
From fishing family to Big Tech: French CEO takes on Silicon Valley / Photo: © AFP/File

From fishing family to Big Tech: French CEO takes on Silicon Valley

At just 39 years old, Fidji Simo is poised to become OpenAI's second-in-command after leaving her mark at two other major tech firms, including Meta.

Text size:

Reporting directly to CEO Sam Altman, the move to the ChatGPT-maker represents the latest chapter in a career that has taken Simo from a fishing family in France's Mediterranean port of Sete to the heights of Silicon Valley.

As the current CEO of grocery delivery platform Instacart, she cuts a unique profile: a French woman in the male-dominated American tech landscape -- who resists advice to blend in.

"I can put all my energy trying to be someone else or I can be myself and pour all of that energy into what I can create," she told CNBC in February.

This philosophy will likely be on display when she appears Thursday at the VivaTech conference in Paris.

Raised in Sete, Simo attended the elite HEC business school before joining eBay in 2006, first in France then in California.

"People expect a very business-like story for why I decided to come to the US. It wasn't. The American Dream was on TV every night and that was an incredibly appealing thing," she said.

- 'Never Intimidated' -

In 2011, Simo joined Facebook, now Meta. She was given responsibility for video and monetization in 2014, a role she considers the defining moment of her career.

Simo championed the company's pivot to video, which became central to Meta's strategy despite initial internal skepticism.

"She never let herself be intimidated," recalled David Marcus, who worked at Meta alongside Simo and now serves as CEO of online payment company Lightspark.

"She had an ability to challenge Mark (Zuckerberg) and push him, when others would have hesitated."

Joining Instacart in 2021, Simo inherited a company that had been bleeding money for a decade.

Under her leadership, the grocery delivery platform achieved profitability in 2022 through aggressive diversification: data monetization, expanded retail partnerships and a robust advertising business.

Now Simo faces her biggest test yet. As OpenAI's number two, she'll free up CEO Altman to focus on research and infrastructure while she tackles the company's operational challenges.

Despite being one of history's most highly funded startups and ChatGPT's phenomenal success, OpenAI is burning cash at an alarming rate.

The company has also weathered significant leadership turnover, including Altman's own brief ouster and reinstatement in 2023, raising questions about management stability.

But French investor Julien Codorniou, who worked alongside Simo at Facebook, said she will more than rise to the occasion.

"Fidji's arrival is a declaration of ambition by OpenAI," he said.

L.Coleman--TFWP