AI which once was a periphery has now become the centerpiece of action and now the companies are vying for AI talent.
Race for AI Talent
With the hunt and race for AI, every organization wants the best for itself and outdo its competition. Billions are being spent by corporates when it comes to acquiring smaller startups or for that matter aggressively hiring new talent in order to move forward on their AI journey.
Those who are already working in AI at top AI firms are making jumps as the opportunities just get bigger and better.
These “AI scientists” are earning millions and top companies are looking for more such people.
Meta’s Battle for Expertise in the Face of Rising Competition
As the industry holds its arms wide open for such folks by offering them more and more “moolah”, these researchers are flocking and is the reason why Meta is losing top AI talent to other AI firms like OpenAI, Deepmind, and Mistral.
As per the reports, OpenAI pays their AI researchers up to $10 million a year. Additionally, the recruiters at OpenAI are offering additional stock benefits in millions of dollars to the employees of rival firms, especially to those researchers at Google who’d been earning up to $5 million annually.
On the contrary, Meta, with no so deep pockets as its rivals, is paying AI scientists a salary of up to $2.5 million.
Noting this, the top Meta guy, Zuckerberg himself is personally reaching out to the scientists at Google’s Deepmind unit in order to join Meta’s efforts.
He is even ready to hire them without an interview and also make changes to the negotiation policies to retain the researchers with higher salary offers.