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OpenAI’s New Weapon in Talent War With Google: $10 Million Pay Packages for Researchers

Nov 14, 2023 - theinformation.com
OpenAI and Google are in a fierce competition for top artificial intelligence talent. As OpenAI plans an employee share sale that could raise its valuation to over $80 billion, it is enticing Google's AI employees with millions of dollars and the opportunity to secure a stock package at the current $27 billion valuation, promising them benefits from the impending increase.

OpenAI recruiters are also promising researchers greater access to computing resources, including specialized chips needed for running experiments and developing new AI techniques. This information comes from individuals who are familiar with the claims made by the recruiters.

Key takeaways:

  • OpenAI and Google are in a fierce recruiting battle for top artificial intelligence employees.
  • OpenAI is currently proceeding with an employee share sale that could potentially triple its valuation to over $80 billion.
  • OpenAI recruiters are offering Google's AI employees millions of dollars and a chance to lock in a stock package at the current valuation of $27 billion, with the promise of benefiting from the impending increase.
  • OpenAI recruiters have also claimed that researchers would have greater access to computing resources, including specialized chips for running experiments and developing new AI models.
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