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The Independent UK
The Independent UK
National
Karl Matchett

The company offering interns £78,000 for three months’ work

  • An AI researcher internship offered by XTY Labs, a division of XTX Markets, has garnered attention for its exceptionally high remuneration.
  • The position offers a salary of $35,000 (£26,000) per month, amounting to about £78,000 for the 12 to 14-week placement.
  • Prospective candidates must be PhD students in computer science, electrical engineering, or mathematics, based in New York, and possess in-depth knowledge of machine learning.
  • The rigorous application process includes an initial interview, a take-home exercise to develop an AI model, and a final interview with a company researcher.
  • XTY Labs is part of XTX Markets, founded by British billionaire Alex Gerko, who is known for his philanthropic efforts in mathematics education and was the UK's largest individual taxpayer in 2024.

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