United Kingdom, Dec. 15 -- OpenAI has reportedly scrapped its vesting cliff for new hires.

According to The Wall Street Journal, the ChatGPT maker told staff late last week that new employees will no longer need to wait six months before their equity begins to vest.

The change, announced internally by applications chief Fidji Simo, is intended to reduce risk for recruits who might otherwise worry about being let go before seeing any return on their stock awards.

Until recently, OpenAI had already been more generous than most of Silicon Valley, cutting the traditional 12-month vesting cliff to six months earlier this year.

The move highlights the extraordinary pressure AI companies face as they compete for a relatively small pool of el...