Meta offering $100 million bonuses to OpenAI employees to enhance its AI capabilities

From Yahoo Finance: 2025-06-17 21:35:00

Meta, the parent company of Facebook, is offering $100 million bonuses to OpenAI employees in a bid to bolster its artificial intelligence efforts. This move reflects the intense competition for AI talent as companies vie for top engineers to develop cutting-edge AI models.

The tech industry is seeing a frenzy to hire top engineers, with Meta making huge offers to attract talent. OpenAI CEO Sam Altman revealed that Meta offered $100 million signing bonuses and more in annual compensation to lure employees, but so far none have taken the bait.

Meta’s recent actions, including investing $14.3 billion in data-labeling startup Scale AI, indicate a push to enhance its superintelligence capabilities. The company is aiming to catch up with competitors in the AI space as it faces challenges like staff departures and delays in launching new open-source AI models.

Altman sees Meta as a major competitor, highlighting the intense rivalry in the AI sector. Meta’s efforts to recruit top talent and invest in AI technologies demonstrate its commitment to staying at the forefront of AI innovation amidst fierce competition from companies like Google, DeepMind, and OpenAI.



Read more at Yahoo Finance: Sam Altman says Meta offered $100 million bonuses to OpenAI employees