Loading...
Market
Which tech giant will announce the next major AI acquisition or licensing deal by the end of 2024?
2
Resolution / Starting Odds
Microsoft • 25%
Amazon • 25%
Apple • 25%
Other • 25%
Official announcements from tech companies or verified tech news sources
Story
Google Hires Character AI Cofounders, Licenses Technology with 2.5x Return
Aug 2, 2024, 06:52 PM
Google has hired the cofounders of Character AI, including Noam Shazeer, and licensed its technology in a deal that mirrors similar moves by Microsoft and Amazon. This agreement, described as a 'pseudo-acquihire,' allows Google to integrate Character AI's technology and talent without a full acquisition. Character AI's investors are set to receive a 2.5x return. The cofounders and several team members will rejoin Google, enhancing its AI capabilities and joining the DeepMind team. This trend of large tech companies acquiring AI talent through licensing deals is becoming more common as regulatory pressures and high processing costs impact the startup landscape. Google aims to test and improve its Grok models with this acquisition.
View original story
Similar markets
Microsoft • 25%
Google • 25%
Amazon • 25%
Nvidia • 25%
Microsoft • 25%
Amazon • 25%
Meta • 25%
Other • 25%
Apple • 25%
Meta • 25%
Amazon • 25%
Other • 25%
Google • 25%
Microsoft • 25%
Amazon • 25%
IBM • 25%
Anthropic • 25%
Cohere • 25%
Hugging Face • 25%
Other • 25%
Amazon • 25%
Google • 25%
Apple • 25%
Other • 25%
Microsoft • 25%
Apple • 25%
Meta • 25%
Other • 25%
Apple • 20%
OpenAI • 20%
Amazon • 20%
Alphabet • 20%
Microsoft • 20%
Google • 25%
Microsoft • 25%
Meta • 25%
Amazon • 25%
Microsoft • 25%
Apple • 25%
Google • 25%
Amazon • 25%
Google • 25%
Apple • 25%
Meta • 25%
Other • 25%
Microsoft • 25%
Google • 25%
Amazon • 25%
Apple • 25%