Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war (Cory Weinberg/The Information)

Techmeme ·

Alphabet’s AI equity financing highlights the scale of compensation costs behind frontier-lab talent competition.

Categories: Money & Moves

Excerpt

<a href="https://www.theinformation.com/articles/alphabets-fine-print-reveals-hidden-cost-ai-talent-war"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260603/i50.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260603/p50#a260603p50" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Cory Weinberg / <a href="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/alphabets-fine-print-reveals-hidden-cost-ai-talent-war">Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war</a></b></span>&nbsp; &mdash;&nbsp; Alphabet's plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough &hellip; </p>