Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 04, 2024

Elon Musk Says He's Boosting Tesla Pay To Stop OpenAI From Poaching

Elon Musk Says He's Boosting Tesla Pay To Stop OpenAI From Poaching
Elon Musk
STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--
Cosco (India) Ltd.
--
Nifty Top 20 Equal Weight
--
Pritika Auto Industries Ltd
--
Nifty EV & New Age Automotive
--
Cons Discretionary Goods & Serv
--
Space Incubatrics Technologies Ltd.
--
Shanghai
--

Tesla Inc. Chief Executive Officer Elon Musk said the automaker has been boosting pay for artificial intelligence engineers as it faces a war over talent.

“Tesla is increasing comp (contingent on progress milestones) of our AI engineering team,” he posted on his X social media site, formerly Twitter. OpenAI, the creator of ChatGPT, has been “aggressively recruiting Tesla engineers with massive compensation offers and have unfortunately been successful in a few cases,” he said. 

Musk was responding to an Information report about Tesla AI scientist Ethan Knight leaving the car company to join Musk's xAI startup. “Ethan was going to join OpenAI, so it was either xAI or them,” Musk said.

Musk, the world's third-richest person, helped start OpenAI before having a falling-out with the company. He's now approaching AI from multiple angles — both within Tesla, where it's being used to help develop self-driving features, and at his xAI startup.

Read More: xAI Potential Investors Focus on ‘Muskonomy,' OpenAI Success

“There are over 200 excellent engineers in the Tesla AI/Autonomy team,” he said on X. “Tesla's pace of progress with autonomy is accelerating. The talent war for AI is the craziest talent war I've ever seen!”

More stories like this are available on bloomberg.com

©2024 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search