Tech
Sam Altman, Hyung Won Chung, Max Schwarzer, Jason Wei
An annotated screenshot from an OpenAI product announcement video on December 5, 2024 (Screenshot: OpenAI/YouTube)

Two more top OpenAI researchers defect to Meta

At least 10 top OpenAI researchers have now left for Meta’s “superintelligence” team, lured by huge pay packages and massive computing resources.

Meta’s hiring spree for its new “superintelligence” team has bagged two new high-profile defectors from OpenAI. Wired reports that Jason Wei and Hyung Won Chung have left their roles at OpenAI for Mark Zuckerberg’s new team of AI all-stars. According to the report, the pair were close collaborators who worked on OpenAI’s o1 and “deep research” models.

Meta has been luring top AI talent from its rivals with eye-popping pay packages and signing bonuses. Reportedly, Meta paid Apple AI exec Ruoming Pang a package worth $200 million.

With these latest poaches, that makes at least 10 AI researchers Meta has been able to tempt away from OpenAI.

While the outsized pay packages are a huge draw, the chance to continue to work with close collaborators at a company that is dedicating tens of billions toward some of the largest AI data centers in the world may also prove to be irresistible for some researchers.

The departures may be taking a toll on morale at the AI startup. Mark Chen, OpenAI’s chief research officer, reportedly told staff that it felt like “someone has broken into our home and stolen something.”

openai happier times 2
An annotated screenshot from the September 20, 2024, “Building OpenAI o1” video (Screenshot: OpenAI/YouTube)

CEO and cofounder Sam Altman reportedly told his employees in a message on Slack, “What Meta is doing will, in my opinion, lead to very deep cultural problems.”

More Tech

See all Tech
tech

Amazon cuts another 16,000 roles after laying off 14,000 workers in October

Amazon announced Wednesday that its cutting 16,000 roles across the company, having laid off 14,000 workers only three months ago.

“As I shared in October, weve been working to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy,” Senior Vice President of People Experience and Technology Beth Galetti wrote in the press release. “While many teams finalized their organizational changes in October, other teams did not complete that work until now.”

CEO Andy Jassy previously said that the October layoffs were “about culture” rather than AI-related cost cutting. Galetti says layoffs, now totaling 30,000, won’t become a regular occurrence.

“Some of you might ask if this is the beginning of a new rhythm — where we announce broad reductions every few months. That’s not our plan.”

CEO Andy Jassy previously said that the October layoffs were “about culture” rather than AI-related cost cutting. Galetti says layoffs, now totaling 30,000, won’t become a regular occurrence.

“Some of you might ask if this is the beginning of a new rhythm — where we announce broad reductions every few months. That’s not our plan.”

tech

Anthropic reportedly doubles current fundraising round to $20 billion

Anthropic has doubled its current fundraising round to $20 billion on strong investor demand, according reporting from the Financial Times. The new fundraising round would value the company at a staggering $350 billion. That’s up 91% from September, when it raised at a valuation of $183 billion.

The company reportedly received interest totaling 5x to 6x its original $10 billion fundraising goal, and it’s expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack: OpenAI.

The company reportedly received interest totaling 5x to 6x its original $10 billion fundraising goal, and it’s expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack: OpenAI.

Produce At Whole Foods Market's Flagship Store

Amazon says it’s doubling down on opening Whole Foods stores. That sounds familiar.

The company says it’ll open 100 Whole Foods locations in the next few years. That sounds similar to plans Whole Foods’ CEO laid out in 2024 for opening 30 stores a year. Since then, it appears to have added 14, total.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.