Tech
How Google, Microsoft And Amazon Are Raiding AI Startups For Talent
Microsoft, Google and Amazon, along with other tech companies, have been getting creative in how they’re poaching talent from top artificial intelligence startups. Earlier this month, Google inked an unusual deal with Character.ai to hire away its prominent founder, Noam Shazeer, along with more than one-fifth of its workforce while also licensing its technology. It looked like an acquisition, but the deal was structured so that it wasn’t. Google wasn’t the first to take this approach.
In March, Microsoft signed a deal with Inflection that allowed Microsoft to use Inflection’s models and to hire most of the startup’s staff. Amazon followed in June with a faux acquisition of Adept where it hired top talent from the AI startup and licensed its technology.
It’s a playbook that skirts regulators and their crackdown on Big Tech dominance, provides an exit for AI startups struggling to make money, and allows megacaps to pick up the talent needed in the AI arms race.
But while tech giants might think they’re outsmarting antitrust enforcers, they could be playing with fire. CNBC’s Deirdre Bosa has the story.
Chapters:
00:00 Introduction
00:50 – Pseudo acquisitions
5:41 – Playing with fire
7:13 – Who’s left holding the bag
Anchor: Deirdre Bosa
Produced by: Laura Batchelor, Jasmine Wu
Edited by: Andrew Evers
Supervising Producer: Jeniece Pettitt
Additional Footage: Character.ai, Getty Images
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How Amazon, Microsoft and Google Are Raiding AI Startups For Talent
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Before Apple’s record run to $1 trillion on Thursday, the tech sector was in trouble. Here’s what 11 experts had to say about the tech sector’s up-and-down week.
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Facebook, Amazon, Netflix And Google: Experts On FANG Stocks | CNBC
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Jeremy Allaire, Circle co-founder and CEO, discusses the factors he believes are driving bitcoin’s record rally.
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Circle CEO Jeremy Allaire: Bitcoin And Blockchain Are ‘Fundamental Breakthroughs’ | CNBC
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The Department of Energy is investing $500 million in U.S. battery companies to challenge China’s dominance. But with $24 billion in projects already canceled since the administration first came into office, industry experts say closing the gap will be difficult.
Chapters:
00:00 Introduction
01:07 Chapter 1: China’s dominance
04:05 Chapter 2: Gaps and slowdowns
Produced by: Robert Ferris
Edited by: Marisa Forziati
Animations: Andrea Schmitz, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, Natalie Rice, Lilac Solutions
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How Much It Will Take To Challenge China’s Battery Dominance
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Delaware County, Pennsylvania, and Maricopa County, Arizona, have adopted policies addressing employee prediction market activity. Officials say the rules are meant to prevent financial conflicts, protect workers from allegations and reassure voters, not respond to evidence that election workers have used the markets. CNBC’s Ananya Chetia reports on how prediction markets are prompting new safeguards and raising questions about nonpublic information and voter trust.
Chapters:
0:00 Introduction
1:30 Potential conflicts
4:03 Prediction markets
7:18 Influencing elections?
Produced by: Charlotte Morabito
Reporter: Ananya Chetia
Edited by: Andrea Miller, Darren Geeter
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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Why Election Officials Are Worried About Prediction Markets
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Tesla CEO Elon Musk discusses his vision for his solar roof technology.
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Elon Musk: Solar Roof Will Last Longer Than Most Houses | CNBC
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