Escalating the AI Talent War: OpenAI’s Million-Dollar Attraction

Nov. 15, 2023.
2 min. read. Interactions

πŸš€πŸ’Ό OpenAI offers up to $10M πŸ’° to lure Google's AI talent! Valued at $86B, they're on a hiring spree for AI safety and innovation. πŸ€–πŸ§ πŸŒŸ #AIRevolution.

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Lewis Farrell

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Highly curious πŸ€” about things that increase my awareness 🧠, expand my perception πŸ‘€, and make me open πŸ”„ to being a better person 🌟.

Million-Dollar Incentives for Google’s AI Experts

OpenAI, known for its revolutionary AI applications like ChatGPT, is intensifying the competition for top AI talent. In a bold move, OpenAI is reportedly offering Google’s leading AI researchers pay packets worth millions. These lucrative offers, as detailed by The Information, include not just monetary rewards but also cutting-edge tech resources such as AI accelerator chips for testing.

OpenAI’s Soaring Valuation and Employee Benefits

OpenAI’s aggressive recruitment strategy coincides with its remarkable growth in valuation. Bloomberg reported that the company is exploring an employee share sale that could value it at a staggering $86 billion. This follows a recent share sale that pegged OpenAI’s value between $27 billion and $29 billion, according to TechCrunch. Successful hires from Google could reap the benefits of this growth, with compensation packages ranging from $5 million to $10 million post the latest share sale.

Winning Over Top Talent from Tech Giants

OpenAI’s allure has already been effective, with several former Google and Meta talents joining its ranks. Notably, five ex-Google researchers were acknowledged in OpenAI’s blog post announcing ChatGPT last November. As per data from LeadGenius and Punks & Pinstripes, OpenAI has onboarded around 93 professionals previously affiliated with Google and Meta, including 59 and 34 former employees, respectively.

Lucrative Job Offers and a Focus on AI Safety

A glimpse into OpenAI’s recruitment strategy is visible in its job listings. For instance, a research engineer position with the superalignment team offers a salary between $245,000 and $450,000, alongside “generous equity” and other perks. Jan Leike, head of this team, emphasizes the need for candidates passionate about AI safety, possessing critical thinking skills, machine learning knowledge, and coding expertise.

OpenAI’s Continued Expansion and Silence

As OpenAI continues to expand its team and influence in the AI sector, it remains silent on these recruitment tactics. This strategy reflects the company’s commitment to leading the AI revolution by attracting the brightest minds in the industry.

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SOURCE: OpenAI recruiters are trying to lure Google AI employees with $10 million pay packets, report says | Business Insider India

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