By Admin 
- Nvidia is giving annual package of crores to its employees.
- The company is giving opportunity to foreign talents, H-1B visa approved.
- Talent the biggest weapon in AI and cloud, the company believes.
- Price of talent rising in AI, opportunity for India’s engineers.
AI Engineer Salary: These days, NVIDIA’s dominance in the world of Artificial Intelligence (AI) is increasing rapidly. This company especially makes AI chips i.e. GPU, which are in demand all over the world. But this time the company is in the news not because of its technology but because of the huge salaries given to its employees.
salary package worth crores
According to US government data, Nvidia is giving an annual package of up to Rs 4.7 crore to its employees. This package includes basic salary, while stock options and bonuses are separate from it, which can increase it even more.
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Big opportunity for foreign talent
According to reports, even when many big tech companies are reducing the recruitment of foreign employees, Nvidia is continuously giving opportunities to outside talent. The company has also increased the recruitment of employees with H-1B visa. About 1,200 H-1B positions were approved in the first six months this year, compared to about 1,000 last year. On the contrary, there has been a decline in the recruitment of foreign employees in companies like Google and Amazon.
How much salary for which positions?
In Nvidia, packages worth crores of rupees are being given to different positions like…
- Research Scientist: ₹99 lakh to ₹3.41 crore
- Principal Research Scientist: ₹2.60 crore to ₹4.12 crore
- Software Engineer: ₹1.03 crore to ₹3.74 crore
- Principal Architect: ₹2.37 crore to ₹4.07 crore
- AI Algorithms Engineer: ₹2.94 crore to ₹4.50 crore
- Software Engineering Director: ₹3.72 crore to ₹4.50 crore
Why is she paying such a huge salary?
Nvidia believes that in this era of AI and cloud technology, the biggest weapon is talent. According to the company’s CEO Jensen Huang, their biggest strategy is to connect the best minds from all over the world. The company is continuously investing in strengthening data centers and AI systems, for which high-level engineers and researchers are needed.
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Impact on tech industry
The biggest thing is that while many companies are cutting down on layoffs and recruitment to reduce costs, this step of Nvidia shows that the cost of talent in the AI sector is increasing rapidly. The thing to note is that due to this trend, competition in the tech industry may increase further in the coming time. Also, new job opportunities can be created for engineers from countries like India in foreign companies on big packages.