Google DeepMind Agrees to Hire Researchers and License Technology from Contextual AI
Alphabet's Google DeepMind has agreed to hire over 20 researchers from startup Contextual AI, including its co-founder Douwe Kiela, as part of a licensing deal. The agreement includes payments between $80 million and $90 million for technology access. This follows similar strategies by tech firms to acquire talent without triggering antitrust reviews.
Topics: AI Hiring Licensing Agreement Startups