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Over $10 billion • 25%
Between $5 billion and $10 billion • 25%
Between $1 billion and $5 billion • 25%
Under $1 billion • 25%
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Google Secures Major AI Win by Hiring Character AI Cofounders, Licensing Models, and Boosting $GOOGL
Aug 2, 2024, 06:20 PM
Google has secured a significant victory in the AI sector by hiring the cofounders of Character AI and licensing its models, according to The Information. This move is seen as a strategic effort to bolster Google's position against competitors like OpenAI in the race for AI scaling and infrastructure. The acquisition aligns with recent trends where major tech companies are integrating AI startups to enhance their technological capabilities. Google's involvement in DARPA’s AI Cyber Challenge further underscores its commitment to advancing AI technology. The deal also involves Google's stock, $GOOGL.
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