AI Edition - It's AI Time - 80 [03-07-2024]
AI Edition - It's AI Time - 80
Amazon hires team from AI agent startup Adept
Amazon hired more than half the employees working at AI startup Adept, including its CEO and cofounder David Luan. Adept had been one of a clutch of startups trying to use LLMs to build a successful AI agent that could use business software to automate tasks such as building and analyzing spreadsheets and creating sophisticated slide decks. The deal was structured similarly to Microsoft’s non-acquisition earlier this year of AI startup Inflection, with most of the staff being hired but the Big Tech company making a large, lump sum payment to the remaining startup to license its technology (and make its investors, which had pumped at least $400 million into Adept to date, whole). The deals have been seen as a possible way to escape antitrust issues, although antitrust authorities are still probing the Microsoft-Inflection arrangement. Amazon says the Adept team will contribute to its own “AGI Autonomy” effort, which is thought to be working on agent-like AI for Amazon to both sell through its AWS cloud service and to use to power a new, more agent-like Alexa personal assistant and perhaps other AI agents too.
Comments
Post a Comment