Google CEO Sundar Pichai shrugs off Silicon Valley's raging AI talent wars
On Wednesday, Pichai publicly addressed the latest wave of AI talent wars raging across Silicon Valley. These wars have been supercharged by Meta's announcement of a 'superintelligence' division and the poaching of some researchers with multimillion-dollar pay packages.
The competition has become so intense that some analysts worry it could increase the growing costs of staying at the cutting edge of AI.
Bernstein analyst Mark Shmulik asked Pichai about recruiting top researchers in the context of "AI-related resource costs" at Google, and how the competition affects the company's ability to retain talent.
In response, Pichai said that Google has been through moments like this before and touted that its core metrics remain "healthy."
"We continue to look at both our retention metrics, as well as the new talent coming in, and both are healthy," Pichai said on the earnings call. "I do know individual cases can make headlines, but when we look at numbers deeply, I think we are doing well through this moment."
Business Insider asked Google if it could share some of those metrics; the tech giant didn't immediately respond to a request for comment.
Several members of Meta's new superintelligence team used to work at Google. For example, Meta poached Pei Sun, a researcher who worked on improving Google's Gemini AI assistant and its self-driving car, Waymo.
It's not just Meta poaching Googlers. Newer AI startups like OpenAI and Anthropic have also siphoned top talent from Google's DeepMind division, according to a SignalFire report.
For example, the report found that it's 11 times more likely that a researcher leaves Google for Anthropic than the other way around.
During the earnings call, Pichai said that Google knew what it took to keep top AI researchers happy — and it wasn't all about the money.
For example, Pichai said Google is investing more in access to compute, meaning the latest and greatest computer chips.
Also, top researchers want to be "at the frontier driving progress, and so the mission, and how state-of-the-art the work is, matters. So that's super important to them," he said.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Insider
an hour ago
- Business Insider
China Calls for Global AI Rules as U.S. Escalates Tech Fight – What Investors Should Watch
China is proposing to lead the creation of a new international body to shape the future of artificial intelligence. Speaking at the World Artificial Intelligence Conference in Shanghai, Premier Li Qiang called for a World AI Cooperation Organization, aiming to make AI development more inclusive and to prevent it from being dominated by a handful of nations or companies. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The proposal comes as the global AI race accelerates. Premier Li cited the need for shared governance to address the risks tied to AI, from job losses to security concerns. Former Google (GOOG) chief executive Eric Schmidt backed the idea of global collaboration, saying the U.S. and China should work together to maintain stability and ensure human control over powerful AI systems. Tensions Rise as China Courts Allies and the U.S. Doubles Down However, turning that vision into a working framework will not be easy, as the U.S. is taking a different path. Just days before the conference, President Donald Trump signed new executive orders to ease regulations and boost energy access for AI infrastructure, including data centers. These moves are designed to strengthen companies like OpenAI and Google while reinforcing America's lead in advanced AI. In the meantime, geopolitical friction remains high. U.S. restrictions on Nvidia Corporation (NVDA) chips continue to limit China's access to high-end semiconductors. Premier Li acknowledged these supply chain issues and reaffirmed China's goal to reduce its reliance on foreign technology. That includes support for homegrown companies like DeepSeek, which has gained attention for scaling up open-sourced models and AI agents. China's strategy also includes outreach to the Global South, including partnerships with Brazil and African nations. However, international trust remains a hurdle. Western companies and governments are hesitant to align with a governance model led by Beijing, especially regarding concerns around data access, intellectual property, and dual-use technologies. Takeaway for Investors For investors, the gap between cooperation and competition is clear. Chinese firms are racing to set their own benchmarks, while U.S. players double down on domestic infrastructure and AI regulation. The idea of a global AI framework may gain traction diplomatically, but market dynamics suggest a more fragmented path forward. Whether this initiative reshapes AI development or becomes another diplomatic flashpoint will depend on how governments and companies balance access, risk, and control in the months ahead. Using TipRanks' Comparison Tool, we've analyzed several leading AI stocks that could be influenced by geopolitical tensions, shifting regulations, and broader market dynamics.


Business Insider
an hour ago
- Business Insider
The Week That Was, The Week Ahead: Macro & Markets, July 27, 2025
Everything to Know about Macro and Markets The S&P 500 (SPX) touched new intraday highs on Friday, ending the week up 1.5%. Major indices finished the week on a strong note, thanks to solid corporate earnings and favorable trade developments. The Nasdaq-100 (NDX) and the Dow Jones Industrial Average (DJIA) ended the week 0.9% and 1.3% higher, respectively. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Weekly Gains on Strong Earnings and Trade Deals The S&P 500 posted its fifth straight day of closing records on Friday. Interestingly, the index ended above the 6,300 level for the first time on Monday. Strong earnings reported by several companies, notably by Google parent Alphabet (GOOGL) and telecom giant Verizon (VZ), fueled last week's rally. According to FactSet, out of the 34% of S&P 500 companies that have reported Q2 results so far, 80% have exceeded earnings expectations, a proportion that is above the 5-year average of 78%. However, the magnitude of earnings surprises is below average levels. Additionally, the trade agreement between the U.S. and Japan eased concerns about the ongoing tariff wars and contributed to last week's rally. U.S. President Donald Trump called it 'perhaps the largest Deal ever made,' while adding that Japan would invest $550 billion in the U.S. The deal lowers the tariffs on auto exports, a major driver of Japan's economy, to 15% from the existing 25% that is imposed across countries. A Big Week Ahead The week ahead is expected to be quite eventful, given that it includes the August tariff deadline, the July Federal Open Market Committee (FOMC) meeting, earnings reports from four of the Magnificent 7 stocks, and some key economic releases. The Federal Reserve's two-day policy meeting will be in focus this week, especially due to President Trump's persistent attacks on the central bank's Chair Jerome Powell. The independence of the Fed is being debated, with reporters expected to question Powell about the same at the post-meeting press conference. Despite growing pressure from Trump to slash interest rates, the Fed is expected to hold the benchmark short-term borrowing rate steady in a target range of 4.25% to 4.50%. Meanwhile, the August 1 deadline to raise tariffs is approaching this week. Trump's erratic trade policy decisions have been making headlines. Following the trade agreement with Japan, all eyes are on the possibility of a deal with the European Union (EU). Aside from Trump's trade stance, earnings from four of the Magnificent 7 stocks – Meta Platforms (META), Microsoft (MSFT), Amazon (AMZN), and Apple (AAPL), are eagerly awaited. Investors will be focusing on the commentary from management of these companies regarding the business backdrop and artificial intelligence (AI) spending. Finally, the Personal Consumption Expenditure (PCE) price index report, scheduled for release on Thursday, and the July nonfarm payrolls report, due on Friday, could impact investor sentiment. Experts expect the jobs report to indicate a deceleration in job additions in July compared to the previous month. Meanwhile, the PCE price index is expected to show a rise in inflation. Stocks That Made the News Alphabet impressed investors with its market-beating second-quarter revenue and earnings. The company raised its capital expenditure guidance for 2025 from $75 billion to $85 billion to support robust demand for its cloud offerings amid the ongoing AI boom. Verizon also delivered upbeat results for the June quarter, thanks to strength in its wireless service business. The company raised the lower end of its full-year earnings guidance to reflect strong demand for its premium plans and the Trump administration's new tax law. IBM (IBM) stock fell even after delivering better-than-expected second-quarter results. The company's software business lagged the Street's revenue expectations. The tech giant also noted that some clients are being cautious in signing new deals due to geopolitical pressures. Tesla (TSLA) reported dismal second-quarter results, with the electric vehicle (EV) maker's CEO Elon Musk cautioning investors about a 'few rough quarters' ahead due to the expiration of the federal tax credits. TSLA stock is down 22% year-to-date, as investors are concerned about weak demand due to macro pressures and rising competition, a lack of innovation, and Musk's political ambitions. Intel (INTC) reported mixed results for the second quarter. The chip giant exceeded the consensus revenue expectations, but the bottom line fell short of estimates. Further, CEO Lip-Bu Tan announced significant cuts in chip factory construction. The company is streamlining its operations and cutting costs in an attempt to revive its business. Kohl's (KSS) made headlines this week as it became the latest stock to join the meme stock frenzy. Retail investors are buying stocks of companies like Kohl's and online residential real estate platform Opendoor Technologies (OPEN), which generally have high short seller interest, to trigger rapid rallies. UnitedHealth (UNH) stock declined after the health insurer disclosed in an SEC filing that it 'proactively' reached out to the U.S. Department of Justice (DOJ) after reports of investigations into certain aspects of the company's participation in the Medicare program surfaced. The company added that it has started complying with formal criminal and civil requests from the DOJ. Data analytics company Palantir Technologies (PLTR) stock continued to rally this week, thanks to AI tailwinds. PLTR stock is now one of the 20 most valuable companies in the U.S. Paramount (PARA) secured the Federal Communications Commission's (FCC) approval for the $8 billion merger with Skydance Media. The Q2 2025 earnings season is in full swing, with many prominent U.S. companies' earnings scheduled for this week. Spotlight will be on the earnings reports of PayPal (PYPL), Visa (V), Boeing (BA), SoFi Technologies (SOFI), UnitedHealth (UNH), Microsoft (MSFT), Meta Platforms (META), Alibaba (BABA), Ford (F), Apple (AAPL), Amazon (AMZN), Exxon Mobil (XOM), and Chevron (CVX).


Forbes
2 hours ago
- Forbes
Hackers Pay $30 To Steal Passwords From Chrome, Edge, Brave And Firefox
The shockingly low cost of password hacking exposed. A new hacking tool is proving popular with password hackers for very good reason: it provides everything they need to go on a browser-based credentials hunt for what is, all things considered, a bargain basement price. It's not only your passwords they can steal, but a whole bunch of other stuff as well: cryptocurrency keys, private messaging tokens and browser session data, for example. Password Hackers Can Use The Katz Infostealer Service For As Little As $30 Per Month Microsoft has given users of its Authenticator app until August 1 to save their passwords as it looks to switch users to its Edge browser. The same tech giant, which, along with others such as Google, is also trying to get users to switch to passkey technology en masse. This is hardly surprising given that passwords are so insecure, and attackers look to exploit them at every turn. While I can support the change to passkeys, I'm not so sure about moving passwords from dedicated password management apps to web browsers. If you want to know why, look no further than the newly published analysis of the Katz infostealer malware-as-a-service threat. Jim Walter knows more than a thing or two about the revolving trend and tactics employed by cybercriminals. As a senior threat researcher with SentinelOne, specializing in uncovering and analyzing emerging cybercrime services, Walter has just published an in-depth look at the Katz password hacking threat. Launched earlier this year, Katz Stealer is described by Walker as a feature-rich infostealer that has quickly gained attention within password hacking circles. Marketed through all the usual cybercrime forums, and on the surface through groups on networks such as Discord and Telegram, Katz is packed to the gills with credential and data theft capabilities, alongside an impressive suite of detection-evading features. 'The turnkey nature of the Katz Stealer service, along with accessible pricing,' Walter said, 'has led to rapid adoption by threat actors across the spectrum of capability.' Low Cost Of Entry For Password Hackers Ah, yes, the pricing. Remember, this is password theft as a service, so hackers have to pay for the privilege of using Katz, but the payouts are obviously well worth the relatively small investment. With prices starting at $50 per month, this drops to as low as $30 for a 12-month commitment. The low cost of Katz Stealer rental revealed. For this, threat actors get access to a web-based management panel, which also operates as the back-end for the infostealer, so that exfiltrated data can be processed and searched. Katz Stealer management panel. 'The infostealer can harvest data from all commonly used web browsers,' Walter said, including Chrome, Edge, Brave, Firefox and various Chromium/Gecko-offshoots. 'Saved passwords, login session cookies, saved session tokens, autofill data (including stored credit card CVV data) are all targeted.' Walter also warned that despite Google introducing application-bound encryption to Chromium in 2024, which effectively 'ties the decryption of stored passwords and cookies to the logged-in OS user,' the Katz Stealer can bypass this by 'programmatically masquerading as the browser once injected.' I have approached Brave, Google, Microsoft and Mozilla for a statement. In the meantime, I would recommend taking note Walter concluded that 'Katz Stealer still relies on social engineering and user interaction to enable a successful compromise.' You know what to do then; be careful out there, don't fall for those social engineering tricks and don't click on things when you cannot be 100% sure where they lead. The password hackers are relying upon you not to follow this advice.