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The Twenty Minute VC (20VC) · Monday, November 2, 2026

Top AI Labs Offering New Grads Compensation Packages Over $20 Million

Modal CEO Erik Bernhardsson highlights the extreme competition for talent in the AI industry, noting that exceptional new graduates are receiving compensation packages exceeding $20 million from major AI labs.

personErik BernhardssoncompanyModal

The tape

1 quote
“We've lost new grads going to, you know, some of the labs for like, like talking, you know, 20 plus million. I mean, these are exceptional people.”
Erik Bernhardsson
Heard on The Twenty Minute VC (20VC) — “20VC: Who Wins the Inference Market | Has Open-Source LLM Inference Peaked? | What Happens to the Cost of Compute | The Real Limits of Post-Training and RL with Erik Bernhardsson, Modal CEO”, published Monday, November 2, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via deepinfra · $0.01
Top AI Labs Offering New Grads Compensation Packages Over $20 Million — Heardvine