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How Google, Microsoft and Amazon are poaching AI startups for skilled workers.

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Major players like Microsoft, Google, and Amazon, among others, are employing new tactics to attract top talent from leading artificial intelligence startups. These strategies serve as a workaround against regulatory scrutiny while providing struggling AI startups with an exit strategy and offering tech giants the expertise required for the ongoing AI competition.

In a recent development, Google entered into a unique agreement with Character.ai, poaching its distinguished founder and a significant portion of its staff, all while securing a technology license. Although resembling an acquisition, Google structured the deal in a way that circumvented traditional mergers and acquisitions.

Prior to Google’s move, Microsoft set the stage with its deal with Inflection, swiftly followed by Amazon’s pseudo-acquisition of Adept to acquire specialized workforce and technology.

By adopting these unconventional methods, companies can evade antitrust regulations, which are intensifying their focus on tech industry dominance. While this approach offers benefits to all involved parties, the tech giants walk a fine line between strategic maneuvers and potential regulatory backlash.

To delve deeper into this evolving landscape, watch the accompanying video.

[source: CNBC]

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