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How Google, Microsoft And Amazon Are Raiding AI Startups For Talent

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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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CNBC price updates: Markets, trade talks and tech stocks — (08/29/2018)

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Watch updates on major stock market averages and tech stocks as trade talks progress on between the U.S., Canada and Mexico.

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CNBC live price updates: Markets, trade talks and tech stocks — Wednesday, Aug. 29 2018 | CNBC

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First Look At Apple’s HomePod, An Amazon Echo Competitor | CNBC

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Apple unveiled its home speaker during WWDC 2017 on Monday. The device, called HomePod, will go toe-to-toe with existing competitors such as the Amazon Echo and Google Home.
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First Look At Apple’s HomePod, An Amazon Echo Competitor | CNBC

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Snap, Inc. Quietly Files For Public Offering | Tech Bet | CNBC

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Snapchat’s parent files for an IPO, which may make it the largest tech company to go public in years.
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Snap, Inc. Quietly Files For Public Offering | Tech Bet | CNBC

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The Truth About How Data Centers Use Water And Power To Keep Cool

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U.S. voters passed 40 ballot measures putting limits on AI data centers this week, as huge 1GW AI data centers from OpenAI, Meta, SpaceXAI, Amazon, Google and more push up water and power bills and put a strain on local resources. One of the issues that continues to come up is water usage, which is needed to cool the GPUs inside data centers running AI workloads. Closed-loop liquid cooling keeps water use low inside many modern AI data centers, but external cooling is still needed to move heat outside of the buildings and that requires large amounts of power or water in hot climates. CNBC visited data centers and spoke to researchers to find out the truth about how data centers use water.

Producer and Reporter: Katie Tarasov
Edited by: Erin Black, Matthew Soto
Camera: Andrew Evers
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: AMD, CoolIT, DeepX, Equinix, Getty Images, Meta, Micron, Nvidia, SK Hynix, TSMC

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The Less Water Data Centers Use, The More Power They Consume. Here’s Why

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Silicon Valley Eyes Donald Trump Tech Effect | Squawk Box | CNBC

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Jennifer Fonstad, Aspect Ventures, discusses whether startups may get a major boost from the incoming administration’s infrastructure plans.
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Silicon Valley Eyes Donald Trump Tech Effect | Squawk Box | CNBC

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