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TechCheck

Countdown to Fed Decision, Sen. Warren on Fed, Iran & More, and AI’s Talent Battle 6/18/25

TechCheck

CNBC

Disruptors, Investing, Faang, Technology, Business, Management, Cnbc, Tech

4.856 Ratings

🗓️ 18 June 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Ahead of the Federal Reserve’s decision on interest rates, we look at what’s at stake and what to expect from today’s projections. Plus, Senator Warren joins us live from Capitol Hill to address President Trump’s criticism of Fed Chair Powell and the conflict in the Middle East. And OpenAI’s Sam Altman is accusing Meta of poaching its staff with 9-figure signing bonuses.

Transcript

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0:00.0

Open AI CEO, Sam Altman, not mincing words in this new appearance on his brother's podcast,

0:06.8

accusing Mark Zuckerberg and Mehta of trying to poachers employees because the company's

0:10.8

struggling to achieve breakthroughs in AI.

0:13.9

Our Dear Dobosa digs in for today's tech check once again, talking about Sam Altman, Dee.

0:19.0

Yep, he is not afraid to beef with almost anyone in the field.

0:23.0

And really, the AI talent wars, they're not just getting personal, but they're becoming

0:26.8

very, very public.

0:28.2

So Open AI CEO, Sam Altman.

0:29.7

He says that Matt is trying to poach his top engineers, offering what he called $100 million

0:33.7

sign-on bonuses as Zuckerberg builds his super intelligence team. Now, Altman claims

0:39.8

that none of his best people took the deals. A source tells me, though, that this isn't just a

0:44.3

flex. This is a strategic move to publicly raise the comp benchmark and dare meta to match it,

0:50.1

while also throwing shade on the talent that they have hired and deter anyone good from leaving

0:55.1

without this insane guaranteed comp. Now, Altman is also setting the stakes around purpose.

1:00.3

He says OpenAI has the best shot at building superintelligence, and he's positioning the company

1:05.1

as mission first, innovation-led, culturally superior to Big Tech.

1:10.1

I think that people sort of look at the two paths and say, all right, open eyes got a really

1:14.8

good shot, a much better shot at actually delivering on superintelligence and also may

1:19.5

eventually be the more valuable company.

1:22.5

Now, meanwhile, elite AI talent, it is turning faster than ever.

1:26.2

Part of that is this unheard of comp to move, even if it's not $100 million.

1:30.8

I've heard of it reaching triple figures.

...

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