Alphabet Inc.'s Google is actively using a special compensation program to retain its top artificial intelligence researchers at its DeepMind unit, despite laying off staff in other areas. This strategic move comes as Google has been infusing AI into its products for more than a decade, according to Ruth Porat, President & Chief Investment Officer; Chief Financial Officer of Alphabet and Google. The company is responding to the competitive hiring landscape, where researchers are being lured by multimillion-dollar packages from rival OpenAI, by offering large grants of restricted stock worth up to millions of dollars per person.
Google DeepMind is increasingly using a special compensation program to pay top AI researchers and compete with multimillion-dollar offers from rival OpenAI https://t.co/Y6cWixqVWO
Source: Google has increasingly awarded select DeepMind researchers with large grants of restricted stock worth up to millions of dollars, to fend off OpenAI (@jon_victor_ / The Information) https://t.co/pqyqqs45S5 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/yzxwQnfFoR
#AI #AI #AI is hot as we know. $GOOGL is getting aggressive Select researchers at Google’s DeepMind unit, which is at the center of its most important initiatives, have received large grants of restricted stock worth up to millions of dollars per person
Google $GOOGL is tapping a special pool of stock compensation to retain its top AI researchers as rival OpenAI lures them with multimillion-dollar pay packages Select researchers at Google’s DeepMind unit have received large grants of restricted stock worth up to millions of… https://t.co/ghU7JXWZER
Even as Google lays off staff, it is tapping a special pool of stock to retain top AI researchers being lured by OpenAI. https://t.co/kwHNiaepmo By @jon_victor_
"We've been infusing product to Google with AI for more than a decade." Ruth Porat, President & Chief Investment Officer; Chief Financial Officer, Alphabet and @Google on what they're doing to compete with companies like OpenAI. #BloombergHouse https://t.co/OmVQMkjSfI