Startups are becoming pawns in the megacap game of chess. Microsoft absorbs Inflection. Big organizational change happening at Microsoft around AI. Amazon consumes Adept. This startup was valued at more than $1 billion.
Now, most of the company is now going to Amazon. Google and Character.AI. Three of the biggest tech companies swallowing three of the biggest startups in the AI world without actually acquiring them. The reality is, everywhere you look, we see rapid concentrations.
They’re quelling competition, poaching top talent and skirting scrutiny. While regulators are still playing checkers. I’m Deirdre Bosa and this week on Tech Check, the AI M&A Fakeout.
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