JPMorgan has warned that OpenAI's aggressive $46 billion "vibe spending" on talent and R&D could test investor patience.

Fidji Simo’s role at OpenAI will primarily be about translating the developments emerging from the company’s research labs, into products and applications for the real world.

Soon-to-be former Instacart CEO Fidji Simo sent a memo to OpenAI staff Monday laying out her vision for how AI will change the world.