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Google's Billion Dollar Decision to Bring Back an AI Pioneer
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Google entered a $2.7 billion agreement with AI startup Character.AI to rehire Noam Shazeer, an expert in AI chatbots. In August, Google signed the agreement to obtain a license for Character.AI's technology. Shazeer, who left Google in 2021, contributed significantly to conversational AI during his tenure. He founded Character.AI and secured over $150 million in funding, achieving a valuation of $1 billion by March. Under the recent agreement, Shazeer returns to Google as part of the DeepMind research team, earning hundreds of millions in the process. This move aligns with a trend among tech companies, as demonstrated by Amazon's licensing deals with AI robotics startup Covariant.
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