No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, September 13, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Former OpenAI researcher Lucas Beyer pours cold water on $100 million Meta signing bonus 

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 2 mins read
A A
Former OpenAI researcher Lucas Beyer pours cold water on 0 million Meta signing bonus 
Share on FacebookShare on TwitterShare on LInkedIn



The trio of OpenAI engineers who co-founded the firm’s Zurich office last year will indeed be leaving to join Meta—but they aren’t getting $100 million apiece to do so. 

Lucas Beyer posted on X Thursday that he, Alexander Kolesnikov, and Xiaohua Zhai would depart OpenAI to join the $1.8 trillion company led by Mark Zuckerberg. Beyer said it was “fake news” that Zuckerberg was paying him that level of compensation. However, that news came from OpenAI CEO Sam Altman himself, who called the offers “crazy” this month. 

“They started making these like, giant offers, to a lot of people on our team—$100 million signing bonuses, more than that comp per year,” Altman told his brother Jack Altman in an episode of the podcast Uncapped. “I’m really happy that, at least so far, none of our best people have decided to take him up on that.”

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

Beyer, Kolesnikov, and Zhai have been members of the technical staff at OpenAI since December 2024, which they joined after being poached from rival Google DeepMind. They depart for Meta at a time when competition for talent among AI firms is reaching a frenzied pitch, with Zuckerberg reportedly on a recruitment spree to counter the narrative that it is lagging behind in AI development. Reports claim the company is hiring a 50-person “Superintelligence” team to ramp up its AI efforts. Meta has also purchased a $14 billion stake in Scale AI, to bring CEO Alexandr Wang into the fold. 

Zuckerberg famously earns only $1 as CEO at Meta, although the company provides him a $14 million allowance for costs related to security for Zuckerberg and his family. He holds about 13% of the tech behemoth’s stock and his fortune is valued at $250 billion by Forbes. 

Among the top-paid executives at Meta, chief operating officer Javier Olivan was paid the most last year, with compensation valued at $25.5 million. No other top executive at Meta was paid $100 million in any of the past three years, according to the company’s financial filings. 

The median of the total annual compensation of all Meta employees other than Zuckerberg was $417,400 last year. 

On X, a commenter speculated that Altman “clearly just threw out the 100m figure out there to make potential takers think that they were being lowballed.”

“Yes, it was a brilliant move, gotta give him that,” posted Beyer in response.

OpenAI and Meta did not immediately respond to requests for comment. 



Source link

Tags: BeyerbonusColdLucasMetaMillionOpenAIPoursResearchersigningWater
ShareTweetShare
Previous Post

Cochrane on Monetary Policy – Econlib

Next Post

Life insurers see the shine, seek Irdai nod to invest in gold ETFs

Related Posts

edit post
HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

by TheAdviserMagazine
September 13, 2025
0

HP Inc. (NYSE:HPQ) is one of the AI Stocks on Wall Street’s Radar. On September 10, Evercore ISI analyst Amit Daryanani downgraded...

edit post
Robinhood CEO says just like every company became a tech company, every company will become an AI company

Robinhood CEO says just like every company became a tech company, every company will become an AI company

by TheAdviserMagazine
September 13, 2025
0

Earlier advances in software, cloud, and mobile capabilities forced nearly every business—from retail giants to steel manufacturers—to invest in digital...

edit post
5 Ways To Make K a Year in Passive Income

5 Ways To Make $50K a Year in Passive Income

by TheAdviserMagazine
September 13, 2025
0

Passive income is better than any side hustle because the money comes to you without you having to put much...

edit post
Trending stocks this week as inflation data further fuels rate cut hopes

Trending stocks this week as inflation data further fuels rate cut hopes

by TheAdviserMagazine
September 13, 2025
0

Sep. 13, 2025 1:36 PM ETMSFT, ORCL, MU, UNH, SNPS, WBD, SATS, NBIS, SPACE, CHWY, RBRK, PSKY, GEMI, FIGRBy: Preeti...

edit post
Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession

Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession

by TheAdviserMagazine
September 13, 2025
0

The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession, even after...

edit post
Bitcoin and Ethereum ETFs roar back adding nearly bn last week

Bitcoin and Ethereum ETFs roar back adding nearly $3bn last week

by TheAdviserMagazine
September 13, 2025
0

Following a choppy August marked by back-and-forth flows, Bitcoin and Ethereum exchange-traded funds posted a strong turnaround last week. Bitcoin...

Next Post
edit post
Life insurers see the shine, seek Irdai nod to invest in gold ETFs

Life insurers see the shine, seek Irdai nod to invest in gold ETFs

edit post
Probate Estate Can Serve as a Condit for Retirement Assets – Houston Tax Attorneys

Probate Estate Can Serve as a Condit for Retirement Assets - Houston Tax Attorneys

  • Trending
  • Comments
  • Latest
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Turning parental stress into family strength

Turning parental stress into family strength

0
edit post
Links 9/13/2025 | naked capitalism

Links 9/13/2025 | naked capitalism

0
edit post
Michael Saylor Credits Bitcoin for Strategy’s Outperformance

Michael Saylor Credits Bitcoin for Strategy’s Outperformance

0
edit post
7 Travel-Hacking Moves That Don’t Trigger Card Issuer Crackdowns

7 Travel-Hacking Moves That Don’t Trigger Card Issuer Crackdowns

0
edit post
HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

0
edit post
20 Companies That Hire for Remote Customer Service Jobs

20 Companies That Hire for Remote Customer Service Jobs

0
edit post
HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

September 13, 2025
edit post
Michael Saylor Credits Bitcoin for Strategy’s Outperformance

Michael Saylor Credits Bitcoin for Strategy’s Outperformance

September 13, 2025
edit post
Robinhood CEO says just like every company became a tech company, every company will become an AI company

Robinhood CEO says just like every company became a tech company, every company will become an AI company

September 13, 2025
edit post
5 Ways To Make K a Year in Passive Income

5 Ways To Make $50K a Year in Passive Income

September 13, 2025
edit post
23 cents of every tax dollar goes to pay interest on U.S. debt

23 cents of every tax dollar goes to pay interest on U.S. debt

September 13, 2025
edit post
Trending stocks this week as inflation data further fuels rate cut hopes

Trending stocks this week as inflation data further fuels rate cut hopes

September 13, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside
  • Michael Saylor Credits Bitcoin for Strategy’s Outperformance
  • Robinhood CEO says just like every company became a tech company, every company will become an AI company
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.