HomeBusiness NewsOpenAI CEO Sam Altman Receives 3% Salary Hike, Totaling Rs 64 Lakh...

OpenAI CEO Sam Altman Receives 3% Salary Hike, Totaling Rs 64 Lakh in 2023

November 23, 2024

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In the rapidly evolving world of artificial intelligence, OpenAI has emerged as a significant player. Led by visionary CEO Sam Altman, the company has recently made headlines, for its groundbreaking AI innovations and its growing valuation and leadership decisions. OpenAI, currently valued at an impressive $157 billion, has approved a 3% salary increase for Altman in 2023

Sam Altman — This image is AI-generated

Salary in Perspective

While Rs 64 lakh may seem modest compared to the multi-million dollar packages of other tech CEOs, it aligns with OpenAI’s mission to prioritize innovation and long-term goals over short-term gains. Altman has often been vocal about reinvesting resources into research and development, focusing on creating AI systems that benefit humanity.

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