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OpenAI’s Altman Hits Out At Meta’s ‘Crazy’ Sign-On Bonuses

  • OpenAI’s co-founder and CEO, Sam Altman, criticized Meta for offering 'crazy' $100m sign-on bonuses to poach top AI experts.
  • Tech giants like Meta are keen on acquiring AI skills to achieve their AI ambitions, facing challenges due to AI skills shortages.
  • Altman expressed concerns about Meta's strategy of offering significant upfront compensation over focusing on work and mission, affecting company culture.
  • Despite Meta's heavy AI investments, Altman questioned the impact of AI advancements on improving the world significantly.
  • Altman believes AI's real impact will be in discovering new science, overshadowing other achievements.
  • Meta's investment in AI infrastructure is substantial, with plans to increase spending by $65bn in 2025, focusing on superintelligence development.
  • Meta saw success with its Meta AI chatbot, reaching one billion monthly active users, and acquired a stake in Scale AI for AI development.
  • Other tech giants like Microsoft and Google are also engaging in the AI talent war, investing heavily and poaching experts.
  • Venture capitalist Deedy Das highlighted the intense competition for AI talent, pointing out Meta's struggle to retain candidates despite offering high salaries.

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