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Stock impact report

Chinese firms Bytedance and Tencent reportedly offer massive 150% pay increases and 35% bonuses to entice AI talent — salaries and increases also expected to balloon in 2026 [Yahoo! Financ...

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: Yahoo! Finance
Chinese tech companies ByteDance and Tencent are spending massive amounts on bonuses and salaries to attract and retain AI talent. According to South China Morning Post , the former has increased its budget for employee bonuses by 35% over the previous year, while also allocating 150% more for future salary increases. On the other hand, the latter is reportedly hiring senior staff from competitors, even offering double their current salary just to get them to move. This is part of the ongoing trend of increasing competitiveness in the AI jobs market, with companies in both the East and West looking to hire and retain the most talented AI engineers and developers to gain an edge over everyone else. While these companies are spending a lot of money on their people, this pales in comparison to what Meta is allegedly offering. OpenAI CEO Sam Altman said that the social media giant is enticing his employees with $100 million in bonuses and even bigger salaries , but none of them have Show less Read more
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