Non-Acquisition Hiring is Becoming the Strategy for Tech Companies to Grow
OpenAI's acquisition deal to buy Windsurf, an AI startup company, for $3 billion was recently "killed" by Google spending $2.4 billion to instead hire Windsurf's CEO and prominent employees in a process known as "non-acquisition acquisition" or "acqui-hiring." This effectively hinders OpenAI's growth and increases Google's own technological capabilities. Acqui-hiring has become a growing trend, with Meta, Microsoft, Amazon, and others using it to strengthen their AI teams. Although the future of non-acquisition hiring is yet to be determined by the Federal Trade Commission, it has already proved itself to be a powerful industry loophole for big technology companies.