Microsoft AI Won’t Match Meta’s High-Flying Pay Packages

Microsoft AI CEO Mustafa Suleyman says he’s not trying to lure AI talent with sky-high pay packages.

Microsoft doesn’t plan to compete with tech giants like Meta by offering top dollar for talent.

Suleyman said he focuses on selective hiring and team culture over high compensation, Lakshmi Varanasi reported for Fortune.

Silicon Valley is facing intense competition for AI talent, with salaries reaching record highs.

The talent wars continue to rage across the region as companies vie for the best and brightest minds in AI. There is, however, one major AI company that says it is not giving in to the pressure.

Suleyman said on Bloomberg Podcasts that he doesn’t plan to compete with tech giants like Meta by offering top dollar for talent.

“I don’t think anyone’s matching those things,” Suleyman said of the $100 million signing bonuses Meta has been offering engineers and the $250 million compensation packages it has been using to lure top AI researchers.