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The average salary of software engineers at Open AI, the company behind the chat GPT artificial intelligence, is $900,000 per year. The median wage means that half of software engineers earn more than $900,000 per year and half make less than $900,000 per year.
The base salary is $300,000, the rest is paid in Profit Interest Units (PIU). This way, employees will get a share of the future profits of Open AI. This distinguishes Open AI from other start-ups where employees often participate in their capital.
Since Open AI is not yet profitable, the company itself arranges a trade with the PUB based on possible future profits. The median total compensation derived from this is $900,000.
Data evaluated by Levels.fyi in Cupertino, California. Their platform helps employees compare their total wages with others. Some of the data can be accessed free of charge, full access is paid.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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