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Stock impact report

The AI talent wars have come for the interns [Business Insider]

Meta Platforms, Inc. - Class A (META) 
iStock; Rebecca Zisser/BI This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in AI giants like OpenAI, Anthropic, Meta, and Google DeepMind are competing for top talent. These companies are offering huge pay packages for the best and brightest. They are also paying top dollar for new talent through internships, fellowships, and residencies. In the race to develop AI, the humble internship is not so humble anymore. The pay for short-term, entry-level roles in AI now rivals full-time salaries in other industries. Tech heavyweights competing to develop artificial intelligence have famously offered top researchers and engineers enormous pay packages in what's been described as the talent wars In June, Meta spent $14.3 billion on an investment in Scale AI — a deal widely seen as an acquihire of CEO Alexandr Wang. Google made its own move, acquiring Windsurf's top talent for $2.4 billion. Open Show less Read more
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