"Microsoft Acquires Inflection AI Staff and Hires DeepMind Co-Founder for New Division"
TL;DR Summary
Microsoft has agreed to pay Inflection AI $650 million to license its AI software and has hired most of the startup's staff, including its co-founders. The deal, resembling an "acqui-hire" without an acquisition, has raised concerns about potential antitrust issues with US regulators due to the increasing scrutiny of Big Tech's AI investments and partnerships.
Topics:top-news#acquisition#antitrust-concerns#artificial-intelligence#inflection-ai#microsoft#technology
- Microsoft to Pay Inflection AI $650 Million After Scooping Up Most of Staff Bloomberg
- Microsoft Agreed to Pay Inflection $650 Million While Hiring Its Staff The Information
- Google DeepMind co-founder joins Microsoft as CEO of its new AI division The Verge
- Microsoft Hires DeepMind Co-Founder to Run Consumer A.I. The New York Times
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