Technology

Google Pays $2.7 Billion to Rehire AI Pioneer Noam Shazeer, it’s Previous Employee

Published by
Ameenah Hassan

Google has made a surprising move, paying $2.7 billion to rehire Noam Shazeer, a prominent AI expert who had previously left the company to start his venture, Character. AI.

The expert joined the company in the early 2000s and left in 2021. He was prompted to leave after the company refused to release his AI chatbot, which he co-founded with his colleague Daniel De Freitas.

What do you need to know?

Google, which initially launched Meta AI, recognises the threat of AI in terms of fierce competition with other tech giants and startups. The field is becoming increasingly competitive, with startups like OpenAI vying for leadership.

Shazeer is widely known for his significant contributions to Google’s AI efforts, including his work on the Language Model for Dialogue Applications (LaMDA).

His return to Google comes at a crucial time, as the company is intensifying its efforts to stay at the forefront of AI development, particularly with its Gemini project, aimed at revolutionizing conversational AI.

Despite Character.AI’s popularity, with over 20 million active users, the startup struggled to generate revenue consistently.

According to the Wall Street Journal, Google not only paid $2.7 billion to bring Shazeer back but also acquired stakes in Character.AI from investors and employees.

This deal allows Google to swiftly incorporate Character.AI’s technology without waiting for legal and regulatory approvals, which would typically be required in an acquisition.

With this change, Google can incorporate Character.AI while offering Shazeer a leading position in developing its AI technology into its larger AI initiatives.

As AI technologies continue to evolve, companies like Google are willing to invest heavily in individuals who can lead them through this transformative phase.

Shazeer’s expertise will be crucial in Google’s efforts to maintain its dominance in the AI space, especially as competitors push to innovate and disrupt the market.

 

Ameenah Hassan

Ameenah Hassan is a content writer with experience in public relations. She has contributed to Arbiterz since 2021, writing research-based news and features on business. She is currently pursuing a degree in Mass Communication at the University of Lagos.

Recent Posts

Chile Central Bank Cut Interest Rate to 4.75% to Combat US Trade Tariff

Chile's Central Bank Council has cut its monetary policy interest rate (TPM) by 25 basis… Read More

14 minutes ago

Canal+ Profit Down by 3.3% Following Multichoice Takeover

Canal+ has announced a revenue of €3.08B ($3.57B), representing a 3.3% drop year-on-year on a… Read More

35 minutes ago

UAC of Nigeria Sign Agreement to Acquire Chivita|Hollandia (CHI Limited) from Coca-Cola Company

UAC of Nigeria PLC has entered into an agreement to acquire Chivita|Hollandia (CHI Limited) from… Read More

1 hour ago

U.S. Slams Extravagant Spending by Nigerian Governors Amid Economic Crisis

The United States has criticized Nigerian state governors for lavish spending on luxury projects while… Read More

2 hours ago

AEC, Rural Electrification Agency Signs MoU to Expanding Access to Clean Energy in Underserved Nigerian Communities

The African Energy Council (AEC) has signed a Memorandum of Understanding (MoU) with Nigeria’s Rural… Read More

2 hours ago

IMF Raises Global Growth Forecast to 3% in 2025

The International Monetary Fund (IMF) has revised its 2025 global economic growth forecast to 3.0%,… Read More

2 hours ago