Google Pays $2.7 Billion to Former Employee
Google has reportedly paid a staggering $2.7 billion to Noam Shazeer, an influential figure in the field of artificial intelligence.
By: Tupaki Desk | 1 Oct 2024 11:02 AM GMTGoogle has reportedly paid a staggering $2.7 billion to Noam Shazeer, an influential figure in the field of artificial intelligence. Shazeer, who left Google in 2021 to start his own venture, was instrumental in developing the company's chatbot Meena. However, Shazeer's departure was reportedly due to Google's refusal to launch Meena, which he co-developed with his colleague.
The $2.7 billion payout is believed to be a settlement agreement between Google and Shazeer. The exact terms of the agreement have not been disclosed, but it is clear that Google was keen to avoid a lengthy legal battle with Shazeer.
Shazeer's departure from Google is a significant loss for the company. He is a highly respected researcher in the field of artificial intelligence, and his work on Meena was groundbreaking. It is unclear whether Google will be able to replicate Shazeer's success in the future.
The $2.7 billion payout to Shazeer is also a reminder of the high stakes involved in the tech industry. Google is one of the most valuable companies in the world, and its employees are often highly compensated. However, even the most successful companies can face challenges from their employees.