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AI unicorn Inflection abandons its ChatGPT challenger as CEO Mustafa Suleyman joins Microsoft

“While no one predicted this specific outcome, we shouldn’t be surprised,” added the investor Benaich. “If antitrust regulators make [mergers and acquisitions] prohibitively difficult, we should expect these bizarre semi-exits to become more common.”

sim642 ,
@sim642@lemm.ee avatar

The company didn't abandon, Microsoft bought them out indirectly and killed the competition. Nothing to see here.

Shalakushka ,
@Shalakushka@kbin.social avatar

In what fucking universe are mergers and acquisitions difficult my man

Kata1yst ,
@Kata1yst@kbin.social avatar

Seriously. This guy thinks that regulators would have stepped in to stop OpenAI or Microsoft from acquiring a no-name 2 year old startup with two rounds of funding?

Please.

BarryZuckerkorn ,

If your company's secret sauce is that it employs a particular person, then your moat is whatever it takes to poach that person. If that person is willing to leave behind whatever intellectual property, un-vested equity, and relationships behind, then your company was never that valuable to begin with.

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