AIster · The model wars · M&A & deals

Google licenses Character.AI and rehires its founders

A licence deal reportedly worth $2.7 billion brings Noam Shazeer back to Google

Key facts

Date
2 Aug 2024
Era
The model wars
Interest
M&A & deals
Threads
Labs & people
Who
Google, Character.AI
People
Noam Shazeer, Daniel De Freitas
Amount
About $2.7B, as reported by the Wall Street Journal in Sep 2024

Character.AI gave Google a non-exclusive licence to its language model technology, and its co-founders Noam Shazeer and Daniel De Freitas, both former Googlers, rejoined Google with part of the research team. The Wall Street Journal later reported the deal was worth about $2.7 billion.

Sources

  1. CNBC, Ex-Google engineers from Character.AI rejoin company with AI partnership, 2024-08-02
  2. TechCrunch, Character.AI CEO Noam Shazeer returns to Google, 2024-08-02
  3. Business Insider (via Yahoo Tech), Google's reported $2.7 billion deal to bring back a former employee is proof AI geniuses are the new 'star quarterbacks', 2024-09-27