Competition among tech giants such as Google, Meta, and Microsoft, and artificial intelligence (AI) startups like OpenAI and Anthropic has now heightened, not only with respect to products and models, but also the people building them.
The intensity of these talent wars was underscored earlier this week when Alphabet's Google DeepMind lost prominent researchers to rival OpenAI and Anthropic. The exits contributed to a sharp selloff in Alphabet shares, which lost roughly $270 billion in market value on the NASDAQ, according to a Times of India (TOI) report.