EconomyLens.com
No Result
View All Result
Thursday, October 30, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Tech

Meta offered $100 mn bonuses to poach OpenAI employees: CEO Altman

Natalie Fisher by Natalie Fisher
June 18, 2025
in Tech
Reading Time: 4 mins read
A A
3
22
SHARES
273
VIEWS
Share on FacebookShare on Twitter

Meta offered $100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker's talent, OpenAI CEO Sam Altman has said. ©AFP

New York (AFP) – Meta offered $100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker’s talent and strengthen its own generative AI teams, the startup’s CEO, Sam Altman, has said. Facebook’s parent company — a competitor of OpenAI — also offered “giant” annual salaries exceeding $100 million to OpenAI staffers, Altman said in an interview on the “Uncapped with Jack Altman” podcast released Tuesday.

Related

Sales of ‘services’ help Apple beat earnings forecasts

Amazon shares surge as AI boom drives cloud growth

Samsung posts 32% profit rise on-year in third quarter

Google parent Alphabet posts first $100 bn quarter as AI fuels growth

Microsoft holds 27% of OpenAI in revamped partnership

“It is crazy,” Altman told his brother Jack in the interview. “I’m really happy that at least so far none of our best people have decided to take them up on that.” The OpenAI cofounder said Meta had made the offers to “a lot of people on our team.” Meta did not immediately respond to a request for comment.

The social media titan has invested billions of dollars in artificial intelligence technology amid fierce competition in the AI race with rivals OpenAI, Google, and Microsoft. Meta chief executive Mark Zuckerberg said in January that the firm planned to invest at least $60 billion in AI this year, with ambitions to lead in the technology.

Last week, Meta entered into a deal reportedly worth more than $10 billion with Scale AI, a company specializing in labeling data used in training artificial intelligence models. As part of the deal, company founder and CEO Alexandr Wang will join Meta to help with the tech giant’s AI ambitions, including its work on superintelligence efforts.

Comparing Meta to his company, Altman said on the podcast that “OpenAI has a much better shot at delivering on superintelligence.” “I think the strategy of a ton of upfront guaranteed comp and that being the reason you tell someone to join… I don’t think that’s going to set up a great culture,” the OpenAI boss added.

According to US media reports, Meta has also offered nine-figure annual salaries to Scale AI executives. “There’s many things I respect about Meta as a company,” said Altman. “But I don’t think they’re a company that’s great at innovation.”

© 2024 AFP

Tags: artificial intelligenceMetaOpenAI
Share9Tweet6Share2Pin2Send
Previous Post

UK inflation dips less than expected in May

Next Post

Oil edges down, stocks mixed but Mideast war fears elevated

Natalie Fisher

Natalie Fisher

Related Posts

Tech

Uber partners with Nvidia to deploy 100,000 robotaxis

October 28, 2025
Tech

Musk launches Grokipedia to rival ‘left-biased’ Wikipedia

October 28, 2025
Tech

China vows massive high-tech sector development in next decade

October 25, 2025
Tech

Alaska Airlines resumes flights after IT outage

October 24, 2025
Tech

Alaska Airlines grounds entire fleet over IT outage

October 23, 2025
Tech

UK court rules Apple abused App Store dominance

October 23, 2025
Next Post

Oil edges down, stocks mixed but Mideast war fears elevated

China's AliExpress risks fine for breaching EU illegal product rules

Spain pushes back against mooted 5% NATO spending goal

Oil prices dip, stocks mixed tracking Mideast unrest

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Sales of ‘services’ help Apple beat earnings forecasts

October 30, 2025

Caught between Venezuela and US, Trinidad fishermen fear the sea

October 30, 2025

Amazon shares surge as AI boom drives cloud growth

October 30, 2025

Saudi chases AI ambitions with homegrown firm pitched to global investors

October 30, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.