Trading Firms Are Paying New Grads Seven Figures to Outbid the AI Labs

The WSJ reports elite quant firms are handing million-dollar packages to new graduates and PhDs, driven by direct competition with AI companies for scarce math talent.

The talent war has a price tag, and it's aimed at people who haven't graduated yet. The WSJ reports that new college graduates and PhDs are landing million-dollar pay deals from elite trading firms, competition driven in significant part by the pull of AI companies bidding for the same scarce mathematical minds.

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