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Top related persons:
Sam Altman - 2 Altman - 2 OpenAI - 2 Kali Hays - 2 Slack - 1 Andrej Karpathy - 1 Karpathy - 1 Ilya Sutskever - 1
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Search resuls for: "PPUs"


2 mentions found


☆ Sam Altman tells staff OpenAI investigation will 'soon' close, as employees brace for more surprises
  + stars: | 2024-03-05 | by ( Kali Hays | ) www.businessinsider.com   time to read: +6 min
Inside OpenAI, Sam Altman is still approachable and friendly to staff, even though many of them are realizing how little they know about how the company operates. Altman responded simply that it would be "over soon," supplying staff with no other detail, according to two people who witnessed the exchange. The internal investigation nearing its end was also reported by the Wall Street Journal and The New York Times. Such a lack of candor with employees is a more recent development for Altman, one of the people familiar noted. Although OpenAI employees are paid well, many workers are increasingly concerned about how much risk they're assuming.
Persons: Sam Altman, Altman, Slack, OpenAI, Andrej Karpathy, Karpathy, Ilya Sutskever, OpenAI's, Sutskever, Greg Brockman, Jakub Pachoki, Kali Hays Organizations: Service, Wall Street, The New York Times, SEC, Fund, Street, Microsoft, OpenAI Locations: OpenAI, Karpathy, khays@insider.com
☆ OpenAI is reinventing tech compensation with flat salaries, no bonuses and no negotiation as it banks on untapped potential
  + stars: | 2023-06-29 | by ( Kali Hays | ) www.businessinsider.com   time to read: +4 min
OpenAI's buzz has a lot of tech workers eager to join the generative AI company. "Other than them I can't think of any other prominent company adopting this model at this scale," Musa said. Signing bonuses are very rare; there is no target performance bonus; and there is also little to no room for negotiation on compensation, Musa and another person familiar with the company said. All of those things are standard with other tech companies, from startups to Big Tech firms like Meta, Google, and Microsoft. Over the course of four years, the vesting period for the PPU grants, most OpenAI workers can expect to take home at least $2 million in equity pay alone.
Persons: Sam Altman, OpenAI, Zuhayeer Musa, Musa, Altman, Kali Hays Organizations: Big Tech, Meta, Google, Microsoft, Elon Musk's SpaceX, Twitter Locations: Silicon Valley, PPUs, khays
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