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Reading: Meta Exec Dismisses OpenAI’s Sam Altman’s Claims of $100 Million Signing Bonuses: ‘Sam Is Simply Being Dishonest Right here’ – ProShares Belief ProShares S&P 500 Dynamic Buffer ETF (BATS:FB)
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StockWaves > Trading > Meta Exec Dismisses OpenAI’s Sam Altman’s Claims of $100 Million Signing Bonuses: ‘Sam Is Simply Being Dishonest Right here’ – ProShares Belief ProShares S&P 500 Dynamic Buffer ETF (BATS:FB)
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Meta Exec Dismisses OpenAI’s Sam Altman’s Claims of $100 Million Signing Bonuses: ‘Sam Is Simply Being Dishonest Right here’ – ProShares Belief ProShares S&P 500 Dynamic Buffer ETF (BATS:FB)

StockWaves By StockWaves Last updated: June 29, 2025 3 Min Read
Meta Exec Dismisses OpenAI’s Sam Altman’s Claims of 0 Million Signing Bonuses: ‘Sam Is Simply Being Dishonest Right here’ – ProShares Belief ProShares S&P 500 Dynamic Buffer ETF (BATS:FB)
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A top-ranking government at Meta Platforms Inc. has leveled accusations of dishonesty towards Sam Altman, the chief of OpenAI.

What Occurred: The allegations pertain to claims of $100 million signing bonuses provided by Meta to lure main AI researchers away from OpenAI. Andrew Bosworth, Meta’s Chief Expertise Officer, refuted Altman’s allegations throughout a company-wide assembly final week.

Bosworth acknowledged that Altman was implying that each particular person was being provided such a profitable bundle, a declare he deemed as an overstatement.

Altman had earlier sparked a debate by stating on the “Uncapped” podcast that Meta had began making vital presents to a number of members of his workforce. Nonetheless, he additionally talked about that none of their high abilities had accepted these presents.

“Sam is simply being dishonest right here. He is suggesting that we’re doing this for each single particular person… Look, you guys, the market’s sizzling. It isn’t that sizzling,” Bosworth stated through the assembly.

Additionally Learn: OpenAI’s Sam Altman Reaches Out to Elon Musk Amid Ongoing Social Media Spat: ‘Let’s Be Associates’

Opposite to Altman’s statements, a lot of OpenAI researchers have since transitioned to Meta. Lucas Beyer, one of many researchers who made the swap, confirmed his transfer however denied receiving a $100 million sign-on bonus.

As per the report by The Verge, Bosworth contended that Altman’s claims had been lacking important context and accused him of making a distinct segment marketplace for a really choose group of individuals in senior management roles.

He prompt that Altman was blowing issues out of proportion as a result of Meta was efficiently attracting expertise from OpenAI.

“What Sam neglects to say is that he is countering all these presents, making a small marketplace for a really, very small variety of people who find themselves for senior, senior management roles,” Bosworth added.

Why It Issues: The allegations and counter-allegations between Meta and OpenAI spotlight the extraordinary competitors within the AI trade for high expertise. The claims of $100 million signing bonuses, whether or not true or exaggerated, underscore the excessive stakes concerned on this sector.

The motion of researchers from OpenAI to Meta, regardless of Altman’s assertions, signifies a shift within the stability of energy. This growth may doubtlessly influence the longer term trajectory of AI analysis and growth.

Learn Subsequent

Elon Musk And Sam Altman Simply Agreed On One Factor—And No, It’s Not A Enterprise Deal

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