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"Microsoft Acquires Inflection AI Staff and Hires DeepMind Co-Founder for New Division"

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Source: Bloomberg
"Microsoft Acquires Inflection AI Staff and Hires DeepMind Co-Founder for New Division"
Photo: Bloomberg
TL;DR

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-newstechnology#acquisition#antitrust-concerns#artificial-intelligence#inflection-ai#microsoft#technology
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  1. Microsoft to Pay Inflection AI $650 Million After Scooping Up Most of Staff  Bloomberg
  2. Microsoft Agreed to Pay Inflection $650 Million While Hiring Its Staff  The Information
  3. Google DeepMind co-founder joins Microsoft as CEO of its new AI division  The Verge
  4. Microsoft Hires DeepMind Co-Founder to Run Consumer A.I.  The New York Times

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