Rs 850 crore as signing bonus for an IT job? Yes. Sam Altman says rivals are trying to poach OpenAI staff with astronomical salaries

June 19, 2025

, By The Economic Times

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OpenAI CEO ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Magazines#href” href=”https://economictimes.indiatimes.com/topic/sam-altman” target=”_blank”>Sam Altman has revealed that rival tech giant Meta is attempting to lure away his top talent with massive financial incentives—reportedly offering signing bonuses as high as $100 million (approximately Rs 850 crore). Altman made the disclosure during a podcast hosted by his brother Jack Altman, where he discussed the increasingly competitive landscape in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Magazines#href” href=”https://economictimes.indiatimes.com/topic/artificial-intelligence” target=”_blank”>artificial intelligence recruitment.

Altman said that Meta has been reaching out to several members of the OpenAI team with aggressive compensation packages that include not just hefty…

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Rs 850 crore as signing bonus for an IT job? Yes. Sam Altman says rivals are trying to poach OpenAI staff with astronomical salaries

June 19, 2025

, Published By The Economic Times

OpenAI CEO ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Magazines#href” href=”https://economictimes.indiatimes.com/topic/sam-altman” target=”_blank”>Sam Altman has revealed that rival tech giant Meta is attempting to lure away his top talent with massive financial incentives—reportedly offering signing bonuses as high as $100 million (approximately Rs 850 crore). Altman made the disclosure during a podcast hosted by his brother Jack Altman, where he discussed the increasingly competitive landscape in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Magazines#href” href=”https://economictimes.indiatimes.com/topic/artificial-intelligence” target=”_blank”>artificial intelligence recruitment.

Altman said that Meta has been reaching out to several members of the OpenAI team with aggressive compensation packages that include not just hefty…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Google opens safety engineering centre in Hyderabad to help with cybersecurity issues

Next News

Chinese Central Bank Pledges Expansion of Digital Yuan

The Economic Times

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