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News on Medial
It's hard to compete with Elon Musk when recruiting AI talent, CEO says
Business Insider
·
1y ago
Medial
Elon Musk's influence and his AI startup, xAI, have made it challenging for other companies to compete when recruiting AI talent. xAI has become one of the highest-paying companies for AI professionals, along with OpenAI. The high valuation of Musk's ventures, such as a reported $80 billion valuation for OpenAI, gives them an advantage in attracting candidates. Perplexity, a rival AI company, faces difficulties in competing with xAI's perceived value due to Musk's celebrity status and cult following. However, Perplexity CEO Aravind Srinivas believes that finding candidates who align with their vision is crucial in overcoming this challenge.
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Musk says Tesla is boosting engineer pay in AI talent war
Livemint
·
1y ago
Medial
Tesla is reportedly increasing salaries for its AI engineers to prevent them from being poached by OpenAI. CEO Elon Musk acknowledged that OpenAI has been aggressively recruiting Tesla engineers with lucrative offers and has succeeded in some cases. Musk referred to it as the "craziest talent war" he has ever seen. This comes as a response to reports of a Tesla machine-learning scientist leaving to join Musk's AI startup, xAI. Musk had initially supported OpenAI but has since had a falling-out with the company.
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Elon Musk says he's raising Tesla engineer salaries because OpenAI has been aggressively poaching them with massive paydays
Business Insider
·
1y ago
Medial
Tesla CEO Elon Musk has announced that the company is increasing compensation packages for its AI engineering team in response to recruitment efforts by OpenAI. Musk stated that OpenAI has been successful in enticing some Tesla engineers with lucrative offers, and Tesla is taking action to retain its talent. Competition for AI talent has been intensifying in the tech industry, with companies like Meta and Google also adopting various tactics, such as personalized emails and higher pay offers, to attract and retain skilled AI researchers and engineers.
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CEO says he tried to hire an AI researcher from Meta, and was told to 'come back to me when you have 10,000 H100 GPUs'
Business Insider
·
1y ago
Medial
Recruiting AI talent proves to be a challenge for companies, as the demand for generative AI skills outpaces the available supply. Limited funding and chip shortages make it difficult for smaller firms like Perplexity, an AI-powered question-and-answer engine, to attract the necessary talent. Even if they manage to acquire the highly coveted Nvidia GPUs, the rapid pace of AI development means they are already behind the major tech companies. This makes it increasingly hard to secure AI talent in the future, as candidates prefer to work on the next-generation models rather than joining smaller firms.
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Elon Musk flags ‘dire’ tech shortage amid US H-1B visa debate, bats for increased immigration: ‘For your team to win…’
Livemint
·
6m ago
Medial
Elon Musk has sparked debate by advocating for increased immigration to address a tech talent shortage in the U.S., aligning with Republican leader Vivek Ramaswamy. Musk argues that recruiting top talent globally benefits teams, akin to winning a championship. This push comes amid ongoing discussions on H-1B visa reforms, emphasizing merit-based selection and quicker green card processing. Such changes could benefit countries like India by improving visa outcomes for skilled workers.
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Elon Musk takes a jab at Mark Zuckerberg: Says Instagram 'pretty much' OnlyFans
Livemint
·
1y ago
Medial
Elon Musk responded in agreement to a post comparing Instagram to OnlyFans on X (formerly Twitter). Musk has had a long-standing disagreement with Mark Zuckerberg and his social media platforms. The conflict escalated when Zuckerberg introduced Threads, a site to compete with Twitter, which gained over 10 million sign-ups in its first seven hours. Musk's quick jabs against Zuckerberg and his companies are not surprising for those following their feud.
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Tesla investors sue Musk for diverting 'scarce' AI talent to xAI
Inshorts
·
1y ago
Medial
A group of Tesla shareholders has sued CEO Elon Musk for diverting "scarce talent and resources" from the automaker to his AI startup xAI. The group also accused Tesla's board of allowing Musk to start a rival AI company and plunder Tesla's resources. Earlier, it was reported that Musk diverted 12,000 NVIDIA AI chips meant for Tesla to X.
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Elon Musk impressed by Google's new quantum computing chip, Sundar Pichai says..
Livemint
·
7m ago
Medial
Elon Musk expressed admiration for Google's new Willow quantum computing chip, which has the potential for practical applications in various fields. Google claims that Willow can significantly reduce errors when scaling up and outperformed a leading supercomputer in benchmark tests. Musk and Google CEO Sundar Pichai engaged in a discussion about the future of quantum computing and the possibility of a quantum cluster in space. This conversation followed Musk's criticism of Google's previous acquisitions in the AI field and his concerns about the potential dangers of AI.
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Some of Silicon Valley's biggest names are wading into the battle for AI expertise
Business Insider
·
1y ago
Medial
The fight for AI talent among Big Tech companies is becoming increasingly intense. Investors and the rapid growth of AI products have created a high demand for advanced researchers and engineers, resulting in candidates being offered pay packages of up to $1 million. CEOs and founders, including Mark Zuckerberg, Sergey Brin, and Satya Nadella, are personally getting involved in recruitment efforts. However, retaining top AI talent is proving to be just as challenging as recruiting new talent. Startups are also struggling to compete against the resources and salaries offered by Big Tech companies.
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Mark Zuckerberg spotted surfing while drinking beer, Elon Musk says he ‘prefers to…'
Livemint
·
1y ago
Medial
Elon Musk took a dig at Mark Zuckerberg after videos of the Meta CEO surfing went viral. Musk commented that he preferred to work rather than engage in such leisure. This comes after Musk had previously suggested a potential cage fight with Zuckerberg. The two billionaires have had an ongoing rivalry, which intensified when Meta launched Threads, a social media platform that competes with Musk's X. Despite the public spat, Threads continues to gain popularity and is considering the introduction of advertisements.
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Musk shares update on X 'Everything App', says 'The circle will be complete’
Livemint
·
1y ago
Medial
Elon Musk, owner and chairman of microblogging platform X, has expressed his vision of transforming the platform into an "Everything App" similar to WeChat. This includes features like job search, job recruiting, audio/video calling, live streaming, and even a potential dating feature. Musk aims to create a single app that covers a wide range of activities. The platform has already introduced enhancements such as video streaming and live video capabilities in Spaces. Additionally, Musk is considering launching a news distribution service called X Wire.
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