An OpenAI Acquisition Turns Into a Google 'Hackqusition'...
In our current M&A environment in the AI space, there are but two types of deals: 'hackquisitions' and 'hackquihires'. At first, they seemed like they were the same deal – that is, a way to acquire a company without really acquiring it because, of course, the regulatory environment wouldn't allow for such a deal. Or, at the very least, it will likely be held up in review for a long time. With a 'hackquisition', it was one company simply hiring some employees from another company and paying a lic...
Read more at spyglass.org