Sam Altman addresses ‘potential equity cancellation’ in OpenAI exit agreements after 2 high-profile departures

From Yahoo: 2024-05-19 00:24:14

OpenAI’s exit agreements included non-disparagement clauses, threatening vested equity, as reported by Vox. CEO Sam Altman confirmed the clause will be removed from future contracts. Former employees Sutskever and Leike left suddenly. Sutskever was in limbo after attempting to oust Altman. Leike cited a lack of focus on safety processes for his departure. Altman admitted embarrassment and vowed not to claw back equity. OpenAI offers unique compensation packages, including a $300,000 base salary and profit participation units. The company did not respond to requests for comment.



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