Big tech is taking over AI start-ups

Posted under: Tech Move
Date: 2024-07-29
Big tech is taking over AI start-ups

Many promising AI startups in Silicon Valley are being quietly acquired by tech giants like Microsoft and Amazon due to funding struggles. These deals, critics say, avoid regulatory scrutiny. With massive computing needs, these startups can't thrive independently. While big tech support helps progress, it risks stifling competition and innovation, raising concerns among regulators.

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