financetom
Business
financetom
/
Business
/
Sam Altman says Meta offered $100 million bonuses to OpenAI employees
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sam Altman says Meta offered $100 million bonuses to OpenAI employees
Jun 17, 2025 6:57 PM

June 17 (Reuters) - OpenAI CEO Sam Altman said that Meta

has offered his employees bonuses of $100 million to

recruit them, as the tech giant seeks to ramp up its artificial

intelligence strategy.

The alleged attempts by Meta to hire OpenAI staffers are the

latest signs of a frenzy to hire top engineers to develop AI

models, and they come at a time when the Facebook owner is

working on building its superintelligence unit to catch up with

competitors.

Competition for AI talent has reached a feverish pitch as

superstar researchers are being courted like professional

athletes on the belief that individual contributors can make or

break companies.

"They (Meta) started making giant offers to a lot of people

on our team," Altman said on the Uncapped podcast that aired on

Tuesday, hosted by his brother. "You know, like $100 million

signing bonuses, more than that (in) compensation per year."

"At least, so far, none of our best people have decided to

take them up on that," Altman said.

Meta did not immediately respond to a request for comment

outside regular business hours, and Reuters could not verify the

information.

"I've heard that Meta thinks of us as their biggest

competitor," Altman said.

His comments come just days after Meta invested $14.3

billion in data-labeling startup Scale AI, and hired its top

boss, Alexandr Wang, to lead its new superintelligence team.

Meta, once recognized as a leader in open-source AI models,

has suffered from staff departures and has postponed the

launches of new open-source AI models that could rival

competitors like Google, China's DeepSeek and OpenAI.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nevada King On Interceptions at Pit Bottom and at Atlanta; Rose Near 9% on Wednesday
Nevada King On Interceptions at Pit Bottom and at Atlanta; Rose Near 9% on Wednesday
Mar 13, 2025
09:17 AM EDT, 03/13/2025 (MT Newswires) -- Nevada King Gold ( NKGFF ) , which rose near 9% yesterday, on Thursday announced the final set of results from its Phase II drill program at its 12,000 hectare, 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada. Among highlights, NKG intercepted...
BP seeks to sell 50% of solar unit to strategic partner
BP seeks to sell 50% of solar unit to strategic partner
Mar 13, 2025
LONDON, March 13 (Reuters) - BP is seeking to sell 50% in its solar unit Lightsource bp to a strategic partner for cash and commitment of future investments, the energy major said in a sales document seen by Reuters. BP is planning assets sales and partnerships as part of a broader plan to address investors' concerns. The firms wants to...
Wall Street powerhouse BNY takes minority stake in EquiLend
Wall Street powerhouse BNY takes minority stake in EquiLend
Mar 13, 2025
(Reuters) - EquiLend, a fintech at the heart of securities lending on Wall Street, said on Thursday it has secured a minority investment from an affiliate of U.S. banking giant BNY. The securities lending industry enables investors to borrow and lend stocks, bonds and other assets to facilitate liquidity management and trading strategies. Major banks, asset managers and hedge funds...
D-Wave Quantum Stock Gains On Strong Q4 Booking Growth, Optimistic Outlook
D-Wave Quantum Stock Gains On Strong Q4 Booking Growth, Optimistic Outlook
Mar 13, 2025
D-Wave Quantum Inc. ( QBTS ) shares are trading higher on Thursday. Today, the company reported fourth-quarter adjusted earnings per share of 8 cents loss, missing the street view of 7 cents loss. Quarterly sales of $2.309 million (down 21% year over year), missing the analyst consensus estimate of $2.36 million. Bookings for the fourth quarter were $18.3 million, an...
Copyright 2023-2026 - www.financetom.com All Rights Reserved