Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-05-24 06:37:50| Engadget

OpenAI will not enforce any nondisparagement agreement former employees had signed and will remove the language from its exit paperwork altogether, the company told Bloomberg. Vox recently reported that OpenAI was making exiting employees choose between being able to speak against the company and to keep the vested equity they earned. Employees could lose millions if they choose not to sign the agreement or if they violate it. Sam Altman, OpenAI's CEO, said he was "embarrassed" and didn't know that the provision existed, promising to have the company's paperwork altered.  According to Bloomberg, the company notified former employees that "[r]egardless of whether [they] executed the agreement... OpenAI has not canceled, and will not cancel, any vested units." It released them from the agreement altogether, "unless the nondisparagement provision was mutual." At least one former employee said they had lost their vested equity that was equivalent to multiple times their family's net worth by refusing to sign when they left. It's unclear if they're getting it back with this change. The company also talked to current employees about this development, easing their worries that they will have to be careful with everything they say if they don't want to lose their stocks.  "We are sorry for the distress this has caused great people who have worked hard for us," Chief Strategy Officer Jason Kwon said in a statement. "We have been working to fix this as quickly as possible. We will work even harder to be better." This wasn't the only controversial situation OpenAI has been involved in as of late. The company recently revealed that it was disbanding the team it formed last year to help make sure humanity is protected from future AI systems, which could be so powerful they could cause our extinction. Before that, OpenAI chief scientist Ilya Sutskever, who was one of the team's leads, left the company. Another team lead, Jan Leike, said in a series of tweets that "safety culture and processes have taken a backseat to shiny products" within OpenAI. In addition, Scarlett Johansson accused OpenAI of copying her voice without permission for ChatGPT's Sky voice assistant after she turned down Altman's request to lend her voice to the company. OpenAI denied that it copied the actor's voice and said that it hired another actor way before Altman contacted Johansson. This article originally appeared on Engadget at https://www.engadget.com/openai-scraps-controversial-nondisparagement-agreement-with-employees-043750040.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

24.01How to use Workout Buddy with Apple Watch and iOS 26
24.01Engadget review recap: Valerion VisionMaster Max, Canon EOS R6 III and Samsung Bespoke Fridge
24.01More Cult of the Lamb, a World War II computer mystery and other new indie games worth checking out
23.01Google Photos can now turn you into a meme
23.01A rival smart glasses company is suing Meta over its Ray-Ban products
23.01Retro handheld maker Anbernic has a new gamepad with a screen and heart rate sensor
23.01Apple will begin showing more App Store ads starting in March
23.01Vimeo lays off most of its staff just months after being bought by private equity firm
Marketing and Advertising »

All news

24.01How to use Workout Buddy with Apple Watch and iOS 26
24.01'People are often in despair - we see it in their eyes'
24.01Engadget review recap: Valerion VisionMaster Max, Canon EOS R6 III and Samsung Bespoke Fridge
24.01More Cult of the Lamb, a World War II computer mystery and other new indie games worth checking out
24.01Mala Gaonkars hedge fund assets hit $6 billion in three years
24.01FPIs dump Indian equities worth Rs 33,598 cr in Jan so far. Is the sentiment set to worsen further?
24.01Dalal Street Week Ahead: Volatility to stay elevated, traders urged to stay nimble
24.01Adani Group clarifies on US SEC summons report; says no allegations against company
More »
Privacy policy . Copyright . Contact form .