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A PhD student gets something like 2500 Euros before taxes per month where I did my PhD. So it costs the institute maybe 40-50k a a year to fund one PhD student's salary. Let's say 100k including office space and some hardware to play with. 200 Million pays for many PhD students.

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Yes, but for graduating PhD students 175k-225k/year is roughly market (base) rate for people with proven understanding and ability in the most relevant areas (i.e. multiple publications in top conferences like ICML/NIPS/CVPR/ICCV/ICRA/RSS/etc).

Though, a billion dollars will still pay for quite a few of those.

I think that depends a lot on the location. I know a couple of people who do PhDs in Japan and they are a lot less well paid than German PhD students. I expect that this difference persists even after they graduate.

Very true. These are rates in the SF Bay Area and NYC. IDK what it's like elsewhere, though I've been told it's possible to get offers in this range in London too.

East Europe universities, particularly lithuanian (VU and KTU) pays about 300$ per month for PhD student.

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