AI Arms Race Drives Engineer Pay To More Than $10 Million

Tech companies are paying AI engineers unprecedented salaries as competition for talent intensifies, with some top engineers earning more than $10 million annually and typical packages ranging from $3 million to $7 million. OpenAI told staff this week it is seeking 'creative ways to recognize and reward top talent' after losing key employees to rivals, despite offering salaries near the top of the market.

The move followed OpenAI CEO Sam Altman's claim that Meta had promised $100 million sign-on bonuses to the company's most high-profile AI engineers. Mark Chen, OpenAI's chief research officer, sent an internal memo saying he felt 'as if someone has broken into our home and stolen something' after recent departures.

AI engineer salaries have risen approximately 50% since 2022, with mid-to-senior level research scientists now earning $500,000 to $2 million at major tech companies, compared to $180,000 to $220,000 for senior software engineers without AI experience.

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