• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Trump’s 50-year mortgage may burden Americans with more debt, experts say

November 12, 2025

A $3.3 Billion Merrill Team Trying To Preserve Sweat Equity Wealth In Upstate New York

November 12, 2025

13 Economic Threats Every American Should Know — and How to Prepare for Them All

November 12, 2025
Facebook Twitter Instagram
Trending
  • Trump’s 50-year mortgage may burden Americans with more debt, experts say
  • A $3.3 Billion Merrill Team Trying To Preserve Sweat Equity Wealth In Upstate New York
  • 13 Economic Threats Every American Should Know — and How to Prepare for Them All
  • The 10 Fastest-Growing Jobs in America for the Coming Decade (Even With AI)
  • Singles Day Highlights The Hidden Costs Of Aging Alone
  • Federal Report Highlights Health Hazards of Gas Stoves: 3 Unique Dangers They Pose — and How to Minimize Them
  • 10 Reasons I Joined AARP — and Why You Should Too (Even If You’re Young)
  • Visa, Mastercard reach swipe-fee settlement: How it’ll affect your wallet
Wednesday, November 12
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » Meta CTO: Sam Altman ‘Dishonest’ for $100M Bonus Claim
Make Money

Meta CTO: Sam Altman ‘Dishonest’ for $100M Bonus Claim

News RoomBy News RoomJune 27, 20251 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Meta’s technology chief is calling OpenAI CEO Sam Altman “dishonest” for claiming that Meta is offering nine-figure compensation packages to new employees on its secretive AI superintelligence team.

According to The Verge, at a company-wide all-hands meeting on Thursday, Meta’s Chief Technology Officer, Andrew Bosworth, pushed back against Altman’s remarks last week that Meta was offering “$100 million signing bonuses” and “more than that” in compensation to poach OpenAI employees.

“Sam is just being dishonest here,” Bosworth, 43, said at the leaked meeting. “He’s suggesting that we’re doing this for every single person… Look, you guys, the market’s hot. It’s not that hot.”

Related: Meta Takes on ChatGPT By Releasing a Standalone AI App: ‘A Long Journey’

Altman, 40, said last week that he was “really happy” that none of OpenAI’s “best people” had chosen to join Meta. Now, Bosworth says that OpenAI staff aren’t joining Meta because Altman has been countering Meta’s offers, “creating a small market” of possible employees to lead Meta’s AI efforts.

OpenAI CEO Sam Altman. Photo by Justin Sullivan/Getty Images

Still, Meta has successfully poached talent from OpenAI. According to a Thursday TechCrunch report, AI researcher Trapit Bansal, who has been working at OpenAI since 2022, has left the company for Meta. A Wednesday report from The Wall Street Journal revealed that Meta poached three additional OpenAI researchers who worked at OpenAI’s Zurich office: Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai.

Beyer posted on X on Thursday that the trio did not receive $100 million signing bonuses, calling the rumor “fake news.”

hey all, couple quick notes:
1) yes, we will be joining Meta.
2) no, we did not get 100M sign-on, that’s fake news.

Excited about what’s ahead though, will share more in due time!

cc @__kolesnikov__ and @XiaohuaZhai.

— Lucas Beyer (bl16) (@giffmana) June 26, 2025

Meta has also poached the CEO of $32 billion AI startup, Safe Superintelligence, Daniel Gross, and former GitHub CEO Nat Friedman.

Related: Meta Poaches the CEO of a $32 Billion AI Startup — After Trying to Buy the Company and Being Told No

Meta CEO Mark Zuckerberg, 41, has recently doubled down on a push for superintelligence, AI that exceeds human intelligence in reasoning, memory, and knowledge. According to a Bloomberg report from earlier this month, Zuckerberg is assembling a team of around 50 experts to work on superintelligence with the goal of one day infusing it across the company’s products, including the bestselling Ray-Ban Meta smart glasses.

Meta also made one of its largest deals yet this month, investing $14.3 billion in Scale AI, a startup that provides data to train AI systems. As part of the deal, Scale AI’s 28-year-old CEO Alexandr Wang will join Meta in a leadership role on the superintelligence team. The investment caused Scale AI’s valuation to more than double from $14 billion to $29 billion.

AI voice cloning startup Play AI is also reportedly in talks with Meta about an acquisition, though the deal has yet to be publicly announced.

Meta stock was up over 21% year-to-date at the time of writing. The company is one of the most valuable in the world, with a market capitalization of over $1.8 trillion. OpenAI was worth $300 billion as of late March.

Meta’s technology chief is calling OpenAI CEO Sam Altman “dishonest” for claiming that Meta is offering nine-figure compensation packages to new employees on its secretive AI superintelligence team.

According to The Verge, at a company-wide all-hands meeting on Thursday, Meta’s Chief Technology Officer, Andrew Bosworth, pushed back against Altman’s remarks last week that Meta was offering “$100 million signing bonuses” and “more than that” in compensation to poach OpenAI employees.

“Sam is just being dishonest here,” Bosworth, 43, said at the leaked meeting. “He’s suggesting that we’re doing this for every single person… Look, you guys, the market’s hot. It’s not that hot.”

The rest of this article is locked.

Join Entrepreneur+ today for access.



Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

13 Economic Threats Every American Should Know — and How to Prepare for Them All

Burrow November 12, 2025

The 10 Fastest-Growing Jobs in America for the Coming Decade (Even With AI)

Make Money November 12, 2025

Federal Report Highlights Health Hazards of Gas Stoves: 3 Unique Dangers They Pose — and How to Minimize Them

Burrow November 11, 2025

10 Reasons I Joined AARP — and Why You Should Too (Even If You’re Young)

Make Money November 11, 2025

Clock Ticking for Homeowners As Thousands in Tax Credits Vanish Dec. 31. Here’s What to Do Before It’s Too Late.

Burrow November 10, 2025

What to Expect in a Second Job Interview and How to Nail It, According to Experts

Make Money November 10, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

A $3.3 Billion Merrill Team Trying To Preserve Sweat Equity Wealth In Upstate New York

November 12, 20251 Views

13 Economic Threats Every American Should Know — and How to Prepare for Them All

November 12, 20253 Views

The 10 Fastest-Growing Jobs in America for the Coming Decade (Even With AI)

November 12, 20250 Views

Singles Day Highlights The Hidden Costs Of Aging Alone

November 11, 20251 Views
Don't Miss

Federal Report Highlights Health Hazards of Gas Stoves: 3 Unique Dangers They Pose — and How to Minimize Them

By News RoomNovember 11, 2025

PeopleImages.com – Yuri A / Shutterstock.comChances are you’ve sat through at least one conversation about…

10 Reasons I Joined AARP — and Why You Should Too (Even If You’re Young)

November 11, 2025

Visa, Mastercard reach swipe-fee settlement: How it’ll affect your wallet

November 10, 2025

Trump’s 50-year mortgage proposal: What would it mean for homebuyers?

November 10, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.