If you can’t hire them, buy them. That’s the new mantra for Microsoft, Meta, Google and others as they hoover up in-demand AI talent.
Over the past 18 months there have been a number of big money deals for AI companies with the clear intention of acquiring the talent involved, as much as other assets. In the age of generative AI, acqui-hiring has never been more popular.
Microsoft spent $650 million to license Inflection AI’s technology and hire its key staff. Amazon struck a similar deal for $330 million with Adept AI. Google and Cognition essentially divvied up Windsurf’s staff between them, and Meta invested almost $15 billion in Scale AI for a 49% nonvoting stake and the CEO jumping ship.