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

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

by  AFP
2 min read
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
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. Photo: John MACDOUGALL / AFP/File
Source: AFP

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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.

"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.

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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."

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Source: AFP

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