Home Technology Microsoft to Pay Inflection AI $650 Million After Acquiring Majority of Staff

Microsoft to Pay Inflection AI $650 Million After Acquiring Majority of Staff

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Microsoft to Pay Inflection AI $650 Million After Acquiring Majority of Staff

Microsoft has recently made headlines with its agreement to pay Inflection AI a whopping $650 million. The deal not only includes licensing Inflection AI’s advanced artificial intelligence software but also involves hiring most of the company’s staff, including co-founders Mustafa Suleyman and Karén Simonyan.

While this deal has been labeled as an “acqui-hire” and not a full acquisition, legal and industry experts are already predicting potential antitrust concerns with US regulators. The increasing scrutiny of Big Tech’s AI investments and partnerships by US regulators may lead to a closer examination of this deal.

Microsoft’s decision to invest in Inflection AI’s technology and talent underscores the growing importance of AI in today’s tech industry. With this deal, Microsoft is positioning itself to stay ahead in the rapidly evolving AI landscape.

Stay tuned for further updates on Microsoft’s latest acquisition and the potential implications it may have on the tech industry as a whole. The ongoing scrutiny by US regulators adds an extra layer of complexity to this deal, making it a story to watch closely in the coming days.

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