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AI, algo trading cos set to steal the show at IIT placements
Mint Mumbai
|November 29, 2024
The Indian Institutes of Technology (IIT) are set to witness a scramble for talent beginning Sunday, as some of the world's top artificial intelligence and algo trading firms arrive to snap up their best and brightest.
The Indian Institutes of Technology (IIT) are set to witness a scramble for talent beginning Sunday, as some of the world's top artificial intelligence and algo trading firms arrive to snap up their best and brightest. Some of the top offers this year are close to a couple of crores, placement cell executives said, as the older IITs get ready to kick off their annual placement season.
Japan's Sony Corp. has more than 10 roles on offer, including that of an AI engineer, with salaries up to 95,33,840 yen (₹53 lakh). Honda Motor Corp.'s R&D unit will hire an AI research engineer at 88,72,000 yen (₹49 lakh). IT and consulting firm Accenture and credit card giant American Express are offering around ₹21 lakh for AI specialists.
This story is from the November 29, 2024 edition of Mint Mumbai.
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