Openai countered Meta's massive AI signature bonus, says Meta CTO

AI For Business


Openai's Sam Altman recently attempted to poach top AI talents from his company with Meta's attempt.

Meta's Chief Technology Officer Andrew Bosworth says Openai is fighting these crazy offers.

In an interview with CNBC's “Closing Bell: Overtime” on Friday, Bosworth said Altman “failed to mention that he was countering those offers.”

Openai's CEO recently revealed that Meta is offering a massive signature bonus to its employees in an interview on his brother's podcast, “Jack Altman and Uncapped.”

The executive said he received Meta's offer “any of our best people,” but he didn't say whether Open countered the signature bonus to keep those top employees.

Openai and Meta did not respond to requests for comment.

Meta CTO said these massive signature bonuses are indications of the market that set the rate of top AI talent.

“The market has really raised the level of incredibly unprecedented talent in my 20-year career as a technology executive,” Bosworth said. “But that's a great achievement for these individuals who have bowed their heads five or six years ago and decided to spend their time on the unfair technology of the time when they were pioneers and established themselves as a relatively small pool of people who can order an incredible market premium for the talent they cultivated.”

On June 12, Meta announced that it had purchased a 49% stake in data company Scale AI for $14.8 billion as social media companies continue to develop artificial intelligence.

Peter Kafka, Chief Media and Technology Correspondent of Business Insider, said the move appears to be part of the expensive acquisition of Scale AI CEO Alexandr Wang and the top executives of the data company.

Bosworth told CNBC that the massive offer for AI talent encourages others to build their own expertise, and as a result, numbers appear to differ in the years.

“But today it's a relatively small number and I think they've got it,” he said.





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