Tesla engineers are seeing their salaries rise after Elon Musk said companies like Meta are trying to poach their top talent.
Musk is also looking for engineers to join his artificial intelligence (AI) startup xAI. It recently acquired Ethan Knight from Tesla. Musk said: “Ethan was going to join OpenAI, so it was either xAI or them. They (Musk’s market rivals) aggressively recruited Tesla engineers with massive compensation offers and unfortunately were successful in some cases.”
The billionaire who ranked in the Top 10 of the Forbes Rich List allegedly made the comments on X (formerly Twitter) when responding to a question about staff pay:
Is Tesla matching these compensation offers? Or is it more than just these employees wanting to change things, so the pairing wouldn’t matter?
— Sawyer Merritt (@SawyerMerritt) April 3, 2024
The AI recruiting war
Top talent in the AI market is in the middle of a tug of war over their services. These industry-leading services have proven that they will leave no stone unturned to ensure that you get the services of the most qualified at any price.
Musk would refer to the battle for staff to take on responsibilities and AI development as the most competitive in his professional experience. He stated that the “AI talent war is the craziest talent war I have ever seen.”
Mark Zuckerberg personally leads Meta’s recruitment drive and, according to a report from The Information, has contacted two potential artificial intelligence specialists from Google Deepmind.
The report states that the two undisclosed people have been approached to join him at Meta to continue the company’s investments in artificial intelligence and research.
Meta has also reportedly broken the golden rule of salary caps to entice people they believe will give them an edge in the competition for the most sought-after AI.
The news outlet also reported that Google co-founder Sergey Brin took to the phone to dissuade top talent from leaving for OpenAI. This shows that those at the top of the digital perch are not too proud to make an effort to retain these very talented people.
2024 will see artificial intelligence take center stage, so we will see a series of sagas involving computer chips and top talent making the most of the technology as the year progresses.
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