June 28 (Reuters) - Amazon.com ( AMZN ) hired away
artificial intelligence startup Adept's co-founders and some of
its team in a move that echoes one by rival Microsoft.
Adept said in a blog post Friday that cofounder and CEO
David Luan, as well as several other co-founders and employees
were leaving to join Amazon ( AMZN ).
Adept, which has raised over $410 million and is valued
above $1 billion, named a new CEO and said it would continue to
operate independent of Amazon ( AMZN ).
The move is similar to one by Microsoft, which in March
hired away much of Inflection AI's leadership and employees and
agreed to pay a roughly $650 million fee.
That deal has attracted the attention of the US Federal
Trade Commission.
Amazon ( AMZN ) will pay Adept a licensing fee to use some of its
technology, which helps automate some business functions. An
Amazon ( AMZN ) spokesperson declined to disclose terms of the
non-exclusive deal.
The spokesperson said the Adept employees have already
joined the company and about 20 Adept workers remain at the
startup.
Adept didn't immediately respond to a request for
comment.