During a company-wide all-hands meeting on Thursday, some of Meta’s top executives were asked about the “$100 million signing bonuses” that OpenAI CEO Sam Altman claimed they had been offering to poach his employees.

“Sam is just being dishonest here,” Andrew Bosworth, Meta’s CTO, said at the meeting when asked about Altman’s remarks. “He’s suggesting that we’re doing this for every single person… Look, you guys, the market’s hot. It’s not that hot.”

The “$100 million bonus” headline has rightfully become a meme on social media since Altman said the number on his brother’s podcast. “What Sam neglects to mention is that he’s countering all these offers, creating a small market for a very, very small number of people who are for senior, senior leadership roles” in the new superintelligence AI team Meta is building, Bosworth told Meta employees today. “That is not the general thing that’s happening in the AI space. And of course, he’s not mentioning what the actual terms of the offer are. It’s not [a] sign-on bonus. It’s all these different things.”

Bosworth then referenced recent stories about a handful of OpenAI researchers who are joining Meta and said there are “quite a few mo …

Read the full story at The Verge.