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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Tech
How Thermal Batteries Could Replace Lithium-Ion Batteries
Thermal batteries could be the next big thing in energy storage, and companies like Rondo Energy and Antora Energy are betting big on them. Instead of using materials like lithium, these systems store excess electricity as heat in things like bricks or graphite, reaching over 3,000°F. That heat can then power factories or even be converted back into electricity. Rondo, backed by investors like Bill Gates, is scaling quickly, aiming to produce enough thermal batteries by 2027 to cut 12 million tons of CO₂ emissions. While challenges like production growth and market adoption remain, thermal batteries could play a critical role in decarbonizing industrial manufacturing for products like steel and cement.
Chapters:
00:00 – The heat battery revolution
07:00 – Thermal battery startups
08:34 – What’s next
Credits:
Produced and Edited by: Lisa Setyon
Supervising Producer: Jeniece Pettitt
Narration: Magdalena Petrova
Production support: Magdalena Petrova, Erin Black, Shawn Baldwin
Camera: John Beatty
Animation: Jason Reginato
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How Thermal Batteries Could Replace Lithium-Ion Batteries
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Tech
Why Black-Owned Businesses Don’t Survive
It can be difficult for any business to succeed, but Black entrepreneurs have historically faced unique challenges. Despite, buy-black campaigns, grants, and other resources, 8 out of 10 Black-owned businesses fail within the first 18 months. So why do Black entrepreneurs continue to lag behind whites and other minority groups in terms of market share, and what will it take to keep them in business?
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Why Black-Owned Businesses Don’t Survive
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Tech
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The “Fast Money Halftime Report” traders discuss Morgan Stanley’s bullish call on Microsoft saying it could reach $1 trillion in …
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