Leaders of the DeepMind unit are increasingly using an advanced compensation program to compete with OpenAI’s lucrative offers. This information comes from individuals with direct knowledge of the situation.
Key takeaways:
- Google is making a major round of staff cuts but is using a special pool of stock compensation to retain its top artificial intelligence researchers.
- These moves come as rival OpenAI is attempting to lure these researchers with multimillion-dollar pay packages.
- Select researchers at Google’s DeepMind unit have received large grants of restricted stock worth up to millions of dollars per person.
- Leaders of the DeepMind unit are increasingly using an advanced compensation program to compete with OpenAI’s attractive offers.