Tech
Big Tech’s acqui-hire strategy heats up as demand for AI talent soars
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Meta’s $15 billion investment in Scale AI for a 49% stake is the latest in a series of transactions that large technology companies have made to acquire talent as they seek to get ahead in the AI race.
Such acquihiring is not just a trend, but a strategic necessity for these companies and is likely to see more traction, as the demand for AI talents will continue to increase, say experts.
In the last two years, large technology players have been acquiring AI startups for their technology teams. Microsoft paid $650 million in a licensing deal to…
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