OPENAI IS PAYING EMPLOYEES MORE THAN ANY MAJOR TECH STARTUP IN HISTORY

Summary from the TLDR newsletter

OpenAI's average stock-based compensation for its roughly 4,000 employees is about $1.5 million per employee. The company's equity awards, aimed at helping it keep its lead in the AI race, are inflating its heavy operating losses and diluting existing shareholders. OpenAI recently announced the discontinuation of a policy that required employees to work at the company for at least six months before their equity vests. This could lead to further compensation increases.