"Google's Strategy to Retain Talent: Special Stock Offerings"

1 min read
Source: The Information
"Google's Strategy to Retain Talent: Special Stock Offerings"
Photo: The Information
TL;DR

Google is using a special stock compensation program to retain its top artificial intelligence researchers at its DeepMind unit, as rival OpenAI entices them with lucrative pay packages. The restricted stock grants, worth millions of dollars per person, are being utilized by DeepMind leaders to compete with OpenAI's attractive offers, as Google undergoes staff cuts.

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