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04:36
OpenAI’s Average Stock Compensation Reaches $1.5 Million, Setting Tech Startup Record
BlockBeats News, December 31st, according to WSJ reports, financial data shows that OpenAI is paying its employees some of the highest salaries in tech startups in recent years, with an average stock compensation of about $1.5 million for the company's approximately 4,000 employees. WSJ's analysis of Equilar data shows that in the past 25 years, in the year before the IPO of major tech companies, OpenAI's compensation was 34 times that of the other 18 companies. Financial data disclosed to investors this summer shows that OpenAI's stock compensation is expected to increase by about $3 billion annually by 2030. The company has recently informed employees that it will be eliminating a policy requiring employees to work at OpenAI for at least six months to receive equity, which could lead to further salary increases. Analysis shows that by 2025, OpenAI's compensation as a percentage of revenue will reach 46%, second only to Rivian (which had no revenue in the year before its IPO) among the companies analyzed in the report. In comparison, Palantir's stock compensation as a percentage of revenue was 33% in the year before its 2020 IPO, Google's was 15%, and Facebook's was 6%.
04:32
"The Ultimate Shorter" Whale Reduces LIT Short Position, Lowering Entry Price to $2.8
BlockBeats News, December 31st, according to Hyperinsight monitoring, the "Ultimate Bear" whale (0x5d2f4) reduced its LIT short position. It is currently shorting 59,208 LIT with 3x leverage, with an average entry price of $2.8, and is slightly in profit. In addition, the whale is still shorting 499.9 BTC with 20x leverage (about $44.2 million), with a profit of $11.53 million (413%). The average entry price is $111,500, and the liquidation price is $102,380.
04:22
The Fabric Foundation, an open organization for robotics and AI, has been established, with OpenMind as its partner.
Foresight News reported that intelligent machine infrastructure company OpenMind has announced the establishment of the Fabric Foundation, with OpenMind as its partner. The foundation will operate as an independent non-profit organization dedicated to building governance, economic, and coordination infrastructure to enable humans and intelligent machines to collaborate safely and efficiently. The foundation's work includes: supporting critical research, building public goods infrastructure, convening global stakeholders, expanding global access and participation, enhancing public understanding, and ensuring long-term stewardship.OpenMind, founded by Stanford University professor Jan Liphardt, is committed to building a universal operating system and decentralized collaboration network for intelligent machines. Its core products include the OM1 operating system and the FABRIC collaboration protocol.
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