Meta Platforms Inc offered US$100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker’s talent and strengthen its own generative artificial intelligence (AI) teams, OpenAI CEO Sam Altman has said.
Facebook’s parent company — a competitor of OpenAI — also offered “giant” annual salaries exceeding US$100 million to OpenAI staffers, Altman said in an interview on the Uncapped with Jack Altman podcast released on Tuesday.
“It is crazy,” Sam 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.”
Photo: Getty Images via AFP
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 AI technology amid fierce competition with rivals OpenAI, Google and Microsoft Corp.
Meta chief executive officer Mark Zuckerberg in January said that the firm planned to invest at least US$60 billion in AI this year, with ambitions to lead in the technology.
Last week, Meta entered into a deal reportedly worth more than US$10 billion with Scale AI Inc, a company specializing in labeling data used in training AI models.
As part of the deal, company founder and CEO Alexandr Wang (汪滔) would join Meta to help with the tech giant’s AI ambitions, including its work on superintelligence efforts.
Comparing Meta to his company, Sam 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,” he added.
Meta has also offered nine-figure annual salaries to Scale AI executives, US media reports said.
“There are many things I respect about Meta as a company,” Sam Altman said. “But I don’t think they’re a company that’s great at innovation.”
South Korea’s equity benchmark yesterday crossed a new milestone just a month after surpassing the once-unthinkable 5,000 mark as surging global memory demand powers the country’s biggest chipmakers. The KOSPI advanced as much as 2.6 percent to a record 6,123, with Samsung Electronics Co and SK Hynix Inc each gaining more than 2 percent. With the benchmark now up 45 percent this year, South Korea’s stock market capitalization has also moved past France’s, following last month’s overtaking of Germany’s. Long overlooked by foreign funds, despite being undervalued, South Korean stocks have now emerged as clear winners in the global market. The so-called “artificial intelligence
NEW IDENTITY: Known for its software, India has expanded into hardware, with its semiconductor industry growing from US$38bn in 2023 to US$45bn to US$50bn India on Saturday inaugurated its first semiconductor assembly and test facility, a milestone in the government’s push to reduce dependence on foreign chipmakers and stake a claim in a sector dominated by China. Indian Prime Minister Narendra Modi opened US firm Micron Technology Inc’s semiconductor assembly, test and packaging unit in his home state of Gujarat, hailing the “dawn of a new era” for India’s technology ambitions. “When young Indians look back in the future, they will see this decade as the turning point in our tech future,” Modi told the event, which was broadcast on his YouTube channel. The plant would convert
‘SEISMIC SHIFT’: The researcher forecast there would be about 1.1 billion mobile shipments this year, down from 1.26 billion the prior year and erasing years of gains The global smartphone market is expected to contract 12.9 percent this year due to the unprecedented memorychip shortage, marking “a crisis like no other,” researcher International Data Corp (IDC) said. The new forecast, a dramatic revision down from earlier estimates, gives the latest accounting of the ongoing memory crunch that is affecting every corner of the electronics industry. The demand for advanced memory to power artificial intelligence (AI) tasks has drained global supply until well into next year and jeopardizes the business model of many smartphone makers. IDC forecast about 1.1 billion mobile shipments this year, down from 1.26 billion the prior
People stand in a Pokemon store in Tokyo on Thursday. One of the world highest-grossing franchises is celebrated its 30th anniversary yesterday.