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CHARACTER.AI DEAL
Disney stock rises after $1 billion investment in OpenAI - here are the detailsDisney is investing $1 billion in OpenAI and will let people create videos using Disney, Marvel, Pixar, and Star Wars characters on the Sor...
Disney bets $1 billion on OpenAI, bringing Mickey, Marvel and more to SoraDisney will invest $1 billion in OpenAI as part of a landmark partnership that will bring more than 200 Disney, Marvel, Pixar and Star Wars...
Meta's victory opens the way for Silicon Valley to go deal shoppingA federal judge ruled Meta did not illegally stifle competition by acquiring Instagram and WhatsApp, potentially reopening the door for big...
Big Tech's acquihire deals face regulatory scrutiny, outgoing EU antitrust official saysEuropean Union is considering stricter rules for Big Tech companies. Regulators are concerned about 'acquihires', where tech giants hire ta...
Google hires Windsurf CEO Varun Mohan, researchers to advance AI ambitions; OpenAI acquisition falls apartMohan and the Windsurf team will focus on agentic coding initiatives at Google DeepMind, primarily working on the Gemini project. The devel...
Google hires Windsurf CEO Varun Mohan and team amid AI talent war; skips $3billion OpenAI dealGuggal has hired Varun Mohan, the CEO of Windsurf. This AI coding startup will license some tech to Guggal. Some senior staff from Windsurf...
Meta's $14.8 billion Scale AI deal latest test of AI partnershipsUnlike an acquisition or a transaction that would give Meta a controlling stake, the deal does not require a review by US antitrust regulat...
Google faces DOJ probe over Character. AI deal: ReportOther tech giants have struck similar deals in the past year in their push for growth in the heated generative AI race. Microsoft struck a ...
Google, AI firm must face lawsuit filed by a mother over suicide of son, US court saysGoogle spokesperson Jose Castaneda said the company strongly disagrees with the decision. Castaneda also said that Google and Character.AI ...
Google spends Rs 23,000 crore to bring back former AI employee, sparks overspending debate in AI raceNoam Shazeer, an AI pioneer who left Google in 2021, has returned to the company after Google paid $2.7 billion to acquire his startup, Cha...
Character AI lays off at least 5% of its staffChatbot startup Character.AI has laid off at least 5% of its workforce, mainly in marketing and recruiting, to align with a new focus on pe...
Google appoints former Character. AI founder as co-lead of its AI modelsNoam Shazeer will serve as a technical lead on Gemini, joining the other co-leaders Jeff Dean and Oriol Vinyals, the company said in a memo...
The new AI deal: buy everything but the companyWhile big tech companies typically buy startups outright, they have turned to a more complicated deal structure for young AI companies. It ...
Google hires top talent from startup Character AI, signs licensing dealCharacter.AI announced a non-exclusive licensing agreement with Google's parent company, Alphabet. The startup's co-founders will return to...
Google in talks to invest in AI startup Character.AIThe investment, which could be structured as convertible notes, according to a third source, will deepen the existing partnership Character...
As ChatGPT takes the internet by storm, here’s what its rivals are up toThe chatter around disruptive chatbot ChatGPT has made Google declare “Code Red” meaning pulling the fire alarm.
A new area of AI booms, even amid the tech gloomThe clamor around OpenAI shows that even in the most dismal tech downturn in a generation, Silicon Valley's deal-making machine is still ki...