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Meta's New AI Subscription Starts at $7.99 a Month; Are You Willing to Pay?

Meta’s $100M Offers Fail to Lure OpenAI Talent

Eriki Joan UgunushebyEriki Joan Ugunushe
1 year ago
in Tech
Reading Time: 2 mins read
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Meta’s attempt to lure OpenAI’s top talent with massive pay packages has failed, according to OpenAI CEO Sam Altman. Speaking on the “Uncapped with Jack Altman” podcast, Sam Altman revealed that Meta offered some OpenAI employees more than $100 million in salary and bonuses in a bid to poach them.

Table of Contents

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  • Meta’s $100M Strategy to Poach OpenAI Staff Falls Flat
  • Meta’s $100M Offers No Match for OpenAI’s Loyalty
  • Meta’s $100M Offers Fail to Lure OpenAI Talent

Meta’s $100M Strategy to Poach OpenAI Staff Falls Flat

In the interview, Altman said, “It is crazy. I’m really happy that at least so far none of our best people have decided to take them up on that.” He also described Meta’s approach as offering “giant” annual compensation packages, but insisted it wasn’t enough to break OpenAI’s core team.

Meta’s $100M Offers Fail to Lure OpenAI Talent

The Facebook parent company reportedly targeted “a lot of people on our team,” according to Altman. Despite Meta’s high offers, he said the strategy doesn’t align with a strong work culture.

“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,” Altman explained.

Meta’s $100M Offers No Match for OpenAI’s Loyalty

While Meta has yet to comment on the claim, its spending spree in the AI space has been making headlines. CEO Mark Zuckerberg has pledged at least $60 billion toward AI research this year alone. Last week, Meta struck a deal with Scale AI reportedly worth over $10 billion, adding to its high-profile investments. Scale AI’s CEO Alexandr Wang is expected to join Meta’s AI initiatives, particularly in its superintelligence projects.

Still, Altman maintained confidence in his team and company. “OpenAI has a much better shot at delivering on superintelligence,” he said, adding that while he respects Meta, “I don’t think they’re a company that’s great at innovation.”

Meta’s $100M Offers Fail to Lure OpenAI Talent

Meta’s failed attempt to poach OpenAI’s best minds despite offering $100 million packages reveals the deeper loyalty and belief OpenAI employees hold in their mission. For now, Meta’s massive spending hasn’t shaken the foundations of its biggest rival.

Tags: federal characterForeign NewsmetaNewsOpenAITech
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Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

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