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LinkedIn cofounder Reid Hoffman to step down from Microsoft's boardReid Hoffman, the cofounder of LinkedIn, will step down from Microsoft's board of directors. He will not stand for re-election at the 2026 ...
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...
Big Tech’s acqui-hire strategy heats up as demand for AI talent soarsIn the last two years, large technology players have been acquiring AI startups for their technology teams. Microsoft paid $650 million in ...
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 ...
Microsoft and OpenAI 'bromance' begins to frayFinancial pressure on OpenAI, concern about its stability and disagreements among employees of the two companies have strained their five-y...
No merger scrutiny of Microsoft's hiring of Inflection staff, EU saysMicrosoft's hiring of staff from AI startup Inflection, including its co-founders, will not be scrutinised under EU merger rules. The Europ...
UK clears Microsoft's partnership with Inflection AIThe CMA said that even before being bought, Inflection had a small portion of UK visits for chatbots and AI tools and, unlike its rivals, c...
Salesforce to acquire AI voice agent firm Tenyx, joining AI talent raceSalesforce has announced its acquisition of Tenyx, a startup specializing in AI-powered voice agents. The deal, expected to close in the th...
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...
AI startups swap independence for Big Tech's deep pocketsIt' some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of ...
Microsoft's hiring of former Inflection AI staff prompts UK probeUK's CMA is investigating Microsoft's $650 million deal and hiring of Inflection AI staff, founded in 2022 by Mustafa Suleyman, involving i...
How Microsoft's Satya Nadella became tech's steely-eyed AI gamblerNadella, Microsoft's CEO, had his eyes on a Silicon Valley startup called Inflection AI. The company's CEO, Mustafa Suleyman, was one of th...
AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairsEuropean Commission assesses tech partnerships for merger control compliance, focusing on potential market concentration effects. Regulator...
Microsoft and Amazon's AI partnerships draw UK watchdog scrutinyCMA investigates Microsoft-Mistral AI, Amazon-Anthropic partnerships, Open AI collaboration. U.S. FTC orders data from generative AI firms,...
Microsoft’s $650 million deal with Inflection AI: Key things to knowMicrosoft will pay Inflection AI $650 million to license its AI software. The deal includes financial details, key personnel movements, Inf...
Microsoft agreed to pay Inflection $650 million while hiring its staff: reportMicrosoft has agreed to pay Inflection about $650 million while hiring the AI startup's staff, the Information reported on Thursday, citing...
Who is Mustafa Suleyman, the new AI chief at Microsoft?Mustafa Suleyman, co-founder of DeepMind AI lab, joins Microsoft to lead consumer AI products. He collaborates with Inflection AI, Mistral ...
Microsoft hires Google DeepMind cofounder Mustafa Suleyman to run its consumer AISuleyman, who co-founded Google’s DeepMind, will report to chief executive officer Satya Nadella and oversee a range of projects, such as i...
ChatGPT parent OpenAI mulling share sale to existing investors at $90 billion valuationIf finalised, the deal would be the second major secondary share sale by the high-profile San Francisco-based startup, marking a meteoric r...