CRYPTOREPORTCLUB
  • Crypto news
  • AI
  • Technologies
Sunday, June 22, 2025
No Result
View All Result
CRYPTOREPORTCLUB
  • Crypto news
  • AI
  • Technologies
No Result
View All Result
CRYPTOREPORTCLUB

OpenAI scraps controversial nondisparagement agreement with employees

May 24, 2024
149
0

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.

Related Post

How to buy the Nintendo Switch 2: Latest stock updates at Target, Best Buy, Walmart and more

How to buy the Nintendo Switch 2: Latest stock updates at Target, Best Buy, Walmart and more

June 22, 2025
Get three months of Audible for only $3 ahead of Prime Day

Get three months of Audible for only $3 ahead of Prime Day

June 22, 2025

"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

Share213Tweet133ShareShare27ShareSend

Related Posts

How to buy the Nintendo Switch 2: Latest stock updates at Target, Best Buy, Walmart and more
Technologies

How to buy the Nintendo Switch 2: Latest stock updates at Target, Best Buy, Walmart and more

June 22, 2025
0

The Nintendo Switch 2 has been available in the US for more than two weeks — but good luck finding one. While millions of people have been able to snag the $450 console since it officially went up for sale on June 5, online inventory dried up fairly quickly at...

Read moreDetails
Get three months of Audible for only $3 ahead of Prime Day

Get three months of Audible for only $3 ahead of Prime Day

June 22, 2025
Engadget review recap: Switch 2, Playdate games and a Framework laptop

Engadget review recap: Switch 2, Playdate games and a Framework laptop

June 21, 2025
Apple is reportedly considering the acquisition of Perplexity AI

Apple is reportedly considering the acquisition of Perplexity AI

June 21, 2025
Xbox’s VR headset with Meta could release sooner than we thought

Xbox’s VR headset with Meta could release sooner than we thought

June 21, 2025
Chinese company Netease is making an AAA action-adventure game called ‘Blood Message’

Chinese company Netease is making an AAA action-adventure game called ‘Blood Message’

June 21, 2025
Tesla inaugural Robotaxi rides will have a human ‘safety monitor’ on board

Tesla inaugural Robotaxi rides will have a human ‘safety monitor’ on board

June 21, 2025

Recent News

How to buy the Nintendo Switch 2: Latest stock updates at Target, Best Buy, Walmart and more

How to buy the Nintendo Switch 2: Latest stock updates at Target, Best Buy, Walmart and more

June 22, 2025

Bitcoin Price Slips Below $100K, Hinting Oil-Led Risk-Off on Wall Street

June 22, 2025
Get three months of Audible for only $3 ahead of Prime Day

Get three months of Audible for only $3 ahead of Prime Day

June 22, 2025

Which Crypto IPOs Could Be Next Following Circle?

June 22, 2025

TOP News

  • The best Android phones for 2023

    The best Android phones for 2023

    573 shares
    Share 229 Tweet 143
  • Shiba Inu Price Prediction Today

    618 shares
    Share 247 Tweet 155
  • Google’s new AI Core update for Pixel 8 Pro will boost its powers and performance

    559 shares
    Share 224 Tweet 140
  • North Korean Hackers Pose as South Korean Government Officials to Steal Crypto

    596 shares
    Share 238 Tweet 149
  • My go-to robot vacuum and mop is still $455 off following Cyber Monday

    549 shares
    Share 220 Tweet 137
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Crypto news
  • AI
  • Technologies

Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved