Employees at the Dublin-based European headquarters of Artificial Intelligence (AI) firm OpenAI last year shared share based payment compensation of \u20ac8.27m.<\/p>\n
New abridged accounts lodged for OpenAI Ireland Ltd show that the firm recorded post tax profits of \u20ac269,365 in 2025.<\/p>\n
OpenAI opened its European headquarters in Dublin three years ago and numbers employed at the Irish unit more than doubled from 17 to 40 in 2025.<\/p>\n
The aggregate salaries paid to employees is not disclosed but the accounts do say that employees of the company participate in group-wide share-based payment arrangements operated by OpenAI.<\/p>\n
A note states that during the year, the company recognised share-based compensation expense of \u20ac8.27m.<\/p>\n
The note states that of the \u20ac8.27m in share based payments, \u20ac7.19m was recharged to other group entities, resulting in a net credit to equity of \u20ac1.07m.<\/p>\n
The note further states that during the year, unvested RMUs (Restricted Multiple\/Management Units) held by participating employees were exchanged for RSUs (Restricted Stock Units) in connection with the 2025 group recapitalisation.<\/p>\n
The latest funding round for the global business of the ChatGPT maker, led by Sam Altman, values the privately held firm at $1.25 trillion.<\/p>\n
The accounts show that OpenAI added to the Irish unit’s financial firepower providing an additional \u20ac65m in loans in 2025 to bring to \u20ac166m in loans to help fund its expansion here.<\/p>\n
This contributed to the company’s cash funds rising from \u20ac891,375 to \u20ac164m.<\/p>\n
The amount owed by the firm in VAT increased from \u20ac26.98m to \u20ac66.33m.<\/p>\n
Last month, OpenAI confirmed that it is to create an additional 200 jobs here, with plans for a new applied AI lab.<\/p>\n
It brings to 450 the number of jobs the company has committed to create here in the coming months.<\/p>\n
OpenAI, which announced in July that it would create 250 jobs in Ireland over the next couple of years, is recruiting engineers to work with customers on AI applications, along with privacy engineers to build safeguards and tools to protect data.<\/p>\n
The new accounts show that the firm employed 40 last year and the numbers employed have since tripled to 120 and it is planning to move its headquarters to Dublin’s Tropical Fruit Warehouse from next month.<\/p>\n
The directors of the business are listed as Michael Treacy, John Herlihy, Emma Redmond and Robert Wu. Aggregate directors\u2019 remuneration totalled \u20ac100,000 last year.<\/p>\n
The company’s immediate parent is OAI International Inc, and its ultimate parent is OpenAI PBC.<\/p>\n
The company earns revenue from the parent company through a cost-plus intercompany arrangement with the parent company and the abridged accounts do not disclose revenues for 2025.<\/p>\n
Reporting by Gordon Deegan<\/p>\n","protected":false},"excerpt":{"rendered":"Employees at the Dublin-based European headquarters of Artificial Intelligence (AI) firm OpenAI last year shared share based payment…\n","protected":false},"author":2,"featured_media":676751,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,80],"class_list":["post-676750","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-ireland","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/676750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=676750"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/676750\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/676751"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=676750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=676750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=676750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}