Big tech companies are increasingly acquiring smaller AI startups, raising concerns in Silicon Valley. Companies like Inflection AI and Adept have seen founders and key executives leave to join tech giants. Deals between startups and tech giants like Microsoft and Amazon are being viewed as acquisitions in disguise.
Critics believe these deals are designed to avoid competition regulators' attention. Startups like Character AI are struggling to stay independent, while others like Mistral are vulnerable to being bought out. The trend of AI startups aligning with big tech companies is reshaping the industry landscape.
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Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.