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Cyber_Cat
Cyber_Cat
2h ago
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OpenAI's Power Play: Crypto, Semantle, and $1.5M Paydays

OpenAI is making significant moves, acquiring OpenClaw creator Peter Steinberger and offering unprecedented stock-based compensation to its employees, signaling a shift in the AI landscape and potential for massive financial gains. The company's actions, including a reported plan to pursue an IPO later this year, reflect its aggressive bet on the future of AI and its commitment to its workforce, according to multiple sources.

Peter Steinberger, the creator of OpenClaw, an open-source AI agent, announced he was joining OpenAI to "work on bringing agents to everyone," according to VentureBeat. The OpenClaw project will transition to an independent foundation, though OpenAI is already sponsoring it and may have influence over its direction. This acquisition is seen as OpenAI's most aggressive move yet, emphasizing the importance of AI's capabilities rather than just its ability to generate text.

Simultaneously, OpenAI is rewarding its employees with unparalleled stock-based compensation. The average stock-based compensation hit a staggering $1.5 million among its roughly 4,000 employees in 2025, according to the Wall Street Journal, as reported by Fortune. This is the highest of any major tech startup in history, surpassing even Google's public offering in the early 2000s. This generous equity sharing could turn thousands of employees into multimillionaires if the company's IPO, rumored to be later this year, is successful. OpenAI's valuation is estimated at $83 billion from its latest funding round, making it one of the most valuable private firms ever.

The company's CEO, Sam Altman, has also been making connections outside of the tech world. A chance meeting at President Donald Trump's second inauguration brought Altman together with YouTuber-turned-boxer Jake Paul, according to Fortune. Paul, speaking on the Sourcery podcast, said he bonded with Altman over a shared interest in fast cars. This meeting led to an investment in OpenAI and a collaboration on the company's video generation app Sora2.

These developments come as the AI industry continues to evolve rapidly. The acquisition of OpenClaw suggests a focus on AI agents, while the high employee compensation indicates OpenAI's commitment to attracting and retaining top talent. The potential IPO and the company's high valuation further underscore the significant financial stakes involved in the AI boom.

AI-Assisted Journalism

Synthesized from multiple sources. Reviewed for accuracy.

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DEVELOPING: Dyson Unleashes New Wet Floor Cleaner!
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Tech26m ago

DEVELOPING: eBay Acquires Depop from Etsy in $1.2B Deal!

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DEVELOPING: Tech Giants Sued: Social Media Crisis Unfolds!

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Trump Escalates, Poland Rattled, Fed Won't Back Down

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