Start United States USA — IT AI talent war escalates: Meta's $1.25 billion offer rejected by top researcher

AI talent war escalates: Meta's $1.25 billion offer rejected by top researcher

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While such an offer might once have sounded outlandish, it is now emblematic of the escalating contest for talent that is transforming the tech industry. Industry insiders.
Big quote: The race to recruit the world’s brightest artificial intelligence minds is pushing compensation in Silicon Valley to once-unimaginable heights. Reports surfaced this week that Meta offered a staggering $1.25 billion over four years to a top AI prospect – an overture reportedly declined by the candidate, according to Daniel Francis, the founder of Abel and a prominent figure in AI circles.
While such an offer might once have sounded outlandish, it is now emblematic of the escalating contest for talent that is transforming the tech industry. Industry insiders confirm that Meta and its competitors are offering deals that rival those given to professional athletes and Fortune 500 executives, with total pay packages often exceeding $300 million over multi-year periods for top-tier researchers.

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