Macro Finance
AI Talent War Spreads to Wall Street
Bloomberg Markets·November 1, 2026·1 min read
Quantitative trading firms are competing with AI labs for top scientists and researchers, with first-year compensation for some PhDs reaching as much as $800,000, according to Bloomberg's Justina Lee. Firms are using fellowships, university sponsorships and recruiting events to compete with AI companies offering lucrative pay, equity and cutting-edge technology work.
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