{
  "id": 6782060,
  "title": "Nscale adds former OpenAI exec Fidji Simo to its board ahead of potential IPO",
  "url": "https://urgent.news/2026/09/11/nscale-adds-former-openai-exec-fidji-simo-to-its-board-ahead-of",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-11T16:46:25.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/09/11/nscale-adds-former-openai-exec-fidji-simo-to-its-board-ahead-of-potential-ipo/"
  },
  "original_language": "en",
  "account": "U.K.-based AI data center startup Nscale has added former OpenAI executive Fidji Simo to its board as the company prepares for a potential IPO this fall. Simo, who previously served as CEO of AGI deployment at OpenAI, left the company in July due to health concerns but continues to advise the startup part-time. Prior to OpenAI, Simo held leadership positions at Instacart and Meta, including chair and CEO of Instacart during its 2023 IPO, and head of the Facebook app at Meta. Nscale's founder and CEO, Josh Payne, praised Simo for her understanding of scaling products used by billions of people and the challenges those products impose on underlying systems. The startup's board now includes high-profile tech executives Sheryl Sandberg, Susan Decker, and Nick Clegg, reflecting Nscale's focus on scaling AI platforms to global levels. Nscale's valuation has surged since its founding two years ago, driven by the surging demand for AI infrastructure. The company is reportedly seeking up to $3.5 billion in funding ahead of its planned IPO, according to Bloomberg, which cited unnamed sources.",
  "summary": "The No. 2 exec at OpenAI also led Instacart through its IPO in 2023.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}