Unicorn A.I. Startups Are Suddenly Dying As Big Tech’s Dominance Takes Hold

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Individual: Observer Media

Individual: Joseph Kushner

Unicorn A.I. Startups Are Suddenly Dying As Big Tech’s Dominance Takes Hold

Last week (March 19), Microsoft announced it had hired Mustafa Suleyman, a co-founder of Google’s A.I. lab DeepMind, to lead the development of consumer A.I. products under a newly formed division called Microsoft AI. The hire also marked an effective end to Suleyman’s startup, Inflection AI, which he co-founded in 2022 and was most recently valued at $4 billion. Three days later, Emad Mostaque, the founder and CEO of Stability AI, the startup b…