AI Pay Gets So Costly That Taser Maker Is Hunting Acquisitions
Axon Enterprise Inc., the company behind the Taser stun gun, is facing challenges in hiring and retaining AI talent due to the high salaries and competition in the industry. The company, which has seen its stock price more than triple in the past two years, is now looking to acquire other businesses to expand its AI capabilities. The war for AI talent has become so fierce that even successful companies like Axon are finding it difficult to keep up with the high compensation demands. The article highlights the intense competition for skilled AI professionals, which is driving up costs and forcing companies to explore alternative strategies, such as acquisitions, to access the necessary expertise.
Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.
