Carney on US Tariffs: We Retain Flexibility to Retaliate
Canadian Prime Minister Mark Carney comments on the state of US-Canada trade relations during the G-7 leaders' summit in Kananaskis, Canada. (Source: Bloomberg)
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Yahoo
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Sam Altman said none of his 'best people' at OpenAI were enticed by Meta's $100 million signing bonuses
Meta tried to recruit OpenAI's top talent with $100 million signing bonuses, says Sam Altman. Altman said that so far, "none of our best people have decided to take them up on that." Meta recently made a $15 billion investment in data-labeling firm Scale AI. Sam Altman, the CEO of OpenAI, said Meta's attempts to poach his best staff with generous signing bonuses were not successful. Altman talked about the competition OpenAI faces from Meta on his brother's podcast "Uncapped with Jack Altman," in an episode that aired on Tuesday. "I've heard that Meta thinks of us as their biggest competitor, and I think it is rational for them to keep trying. Their current AI efforts have not worked as well as they've hoped," Altman said of Meta's $15 billion investment in data-labeling firm Scale AI. But Altman said he found it "crazy" when Meta tried to recruit OpenAI's employees by offering them $100 million signing bonuses if they jumped ship. "I'm really happy that at least so far, none of our best people have decided to take them up on that," Altman said. "People sort of look at the two paths and say, 'Alright, OpenAI's got a really good shot, a much better shot actually, delivering on superintelligence and also may eventually be the more valuable company,'" he continued. Meta has a $1.77 trillion market capitalization, and OpenAI was last valued at $300 billion in March. Altman said Meta's approach of growing its talent pool by dangling eye-watering pay packages could come at the expense of its culture. "The strategy of a ton of upfront guaranteed comp and that being the reason you tell someone to join, like really the degree to which they're focusing on that and not the work and not the mission, I don't think that's going to set up a great culture," Altman said. "There's many things I respect about Meta as a company, but I don't think they are a company that's like great at innovation," he added. The hunt for AI talent has been heating up as companies seek to dominate the field. Aravind Srinivas, the founder and CEO of AI search startup Perplexity, said in a March 2024 episode of the "Invest Like The Best" podcast that companies must offer "amazing incentives and immediate availability of compute" if they want to hire AI talent. "I tried to hire a very senior researcher from Meta, and you know what they said? 'Come back to me when you have 10,000 H100 GPUs,'" Srinivas said, referencing the AI chips made by Nvidia. Naveen Rao, the vice president of AI at Databricks, said in an interview with The Verge last year that there are fewer than 1,000 researchers who are capable of building frontier AI models. "It's like looking for LeBron James," Rao said. "There are just not very many humans who are capable of that." Representatives for OpenAI and Meta did not respond to requests for comment from Business Insider. Read the original article on Business Insider
New York Times
42 minutes ago
- New York Times
As G7 Talks End in Canada, Ukraine Comes Away With Little
As Russia was unleashing its deadliest attack on Ukraine's capital in nearly a year, President Volodymyr Zelensky arrived in the Canadian Rocky Mountains early Tuesday hoping to meet with President Trump and secure more support for Ukraine from the Group of 7 industrialized nations. Instead, Mr. Trump left the global powers' summit early, canceled his meeting with Mr. Zelensky, lamented Russia's absence from the leaders' get-together and rejected the idea of issuing a joint statement in support of Ukraine. A single, brief reference to Ukraine in a summary of the talks' conclusions, released by the host, Prime Minister Mark Carney of Canada, backed Mr. Trump's peacemaking efforts and did not directly criticize Russia, though it said the leaders would explore ways to bring more pressure to bear on Moscow. At a news conference at the end of the summit in Kananaskis, a scenic mountain resort in western Canada, on Tuesday evening, Mr. Carney said that several of the Group of 7 nations would have preferred stronger language on Ukraine. 'There would be things that some of us, Canada included, would say above and beyond what was said in the chair summary,' he said, referring to his own statement. Instead, Mr. Carney said, he had chosen to focus on securing a joint statement with the other leaders on the escalating crisis in the Middle East. 'Given the exceptional, fast-moving situation in Iran, we concentrated on that,' he said. Want all of The Times? Subscribe.
Yahoo
an hour ago
- Yahoo
Doug Ford blasts Netflix doc on late brother Rob Ford: 'Let him rest in peace'
TORONTO — Ontario Premier Doug Ford says a new Netflix documentary about his late brother Rob Ford is "disgusting." The doc titled 'Trainwreck: Mayor of Mayhem" chronicles Rob Ford's rise to power as Toronto mayor in 2010 and his chaotic time in office. Speaking at a news conference in Toronto, Doug Ford said he wasn't going to watch the film, and he doesn't see eye-to-eye with the creators. Ford said he spoke to one person who saw the doc and that it "absolutely infuriates" him. The film's director Shianne Brown told The Canadian Press last week that she had asked Doug Ford to participate in the film but he 'kindly declined.' It includes archival footage and interviews with journalists and insiders from Rob Ford's circle to trace the populist wave that swept him into office in 2010 and his struggles with addiction while in the spotlight. "It's just disgusting. Leave the guy alone, let him rest in peace. Let his family rest in peace," Doug Ford said Tuesday when asked about the documentary, which debuted that day. Rob Ford died of cancer in 2016 at age 46. He served as mayor until 2014. This report by The Canadian Press was first published June 17, 2025. Alex Nino Gheciu, The Canadian Press
