Breaking news

OpenAI Hires Google Gemini Co-Lead Noam Shazeer

A Strategic Shift In AI Leadership

Noam Shazeer, Google’s Vice President of Engineering and co-lead of its Gemini AI models, has announced that he is leaving the company to join OpenAI. The move comes as major technology firms continue competing for AI talent.

An Executive Transition Redefined

Shazeer shared his enthusiasm for the new opportunity on his X profile, stating, “I’m excited to share that I’ll be joining OpenAI and look forward to working with the exceptional team there.” Acknowledging the bittersweet nature of his decision, he added, “It was a difficult decision to move on. I’m incredibly proud of the amazing team at Google and everything we’ve built together. It has been an honor and a pleasure to work with all of you.”

Context And Historical Perspective

Shazeer’s transition comes less than two years following his return to Google, when he, along with fellow researcher Daniel De Freitas, rejoined the tech giant’s DeepMind AI unit. Their return was part of a strategic partnership with the startup Character.AI, a venture they founded after departing Google in 2021 over a divergent vision for an innovative chatbot project. Their success with Character.AI has firmly established them as influential figures in the AI community.

The Broader Industry Implications

Shazeer’s departure is the latest example of the growing competition among technology companies for experienced AI researchers and engineers. The move comes at a time when Google is expanding its AI portfolio. During its annual I/O developer conference, the company unveiled new offerings, including the Gemini 3.5 Flash model and the Gemini Spark AI agent.

OpenAI, meanwhile, continues to strengthen its position in the market through ChatGPT and other AI products, adding to the rivalry among leading technology companies. Against that backdrop, Shazeer’s move reflects the increasing importance of talent as companies compete to shape the next phase of AI development.

ECB Wage Tracker Signals Stable Wage Pressures And Moderate Growth Through 2026

The European Central Bank has published an updated wage tracker showing that negotiated wage pressures remain stable. Based on agreements signed through the end of May 2026, negotiated wage growth is expected to reach around 2.6% by December.

Quarterly And Yearly Dynamics

The headline indicator, which smooths one-off payments to reflect quarterly and monthly developments, points to wage growth of 3.2% in 2025 and 2.3% in 2026. For 2026, average growth is estimated at 1.8% in the first quarter and 2.1% in the second quarter before accelerating to 2.6% in the final two quarters of the year.

Mechanical Effects And Forecast Nuances

According to the ECB, annual growth figures are still influenced by one-off payments made in 2024 but not repeated in 2025. Their impact is expected to gradually fade during 2026. Excluding the smoothing effect, the tracker points to negotiated wage growth of 3.0% in 2025 and 2.6% in 2026. Removing one-off payments altogether results in a decline from 3.8% in 2025 to 2.6% in 2026, indicating slower growth in base wages.

Employee Coverage And Forward-Looking Projections

Coverage data currently available for 2026 shows that employees included in the tracker accounted for 46.4% in the first quarter. That share falls to 44.8% in the second quarter, 41.1% in the third quarter, and 40.4% in the final quarter of the year. The current release extends to December 2026. Additional collective agreements included in the July 2026 update are expected to expand the horizon to the first quarter of 2027.

Caveats And Broader Context

The ECB said the tracker is subject to revision and should not be viewed as a formal forecast. Instead, it reflects information available from active collective bargaining agreements. For a broader picture of wage developments across the euro area, the central bank referred to the June 2026 Eurosystem Staff Macroeconomic Projections, which forecast compensation growth per employee of 3.2% in 2026.

The Future Forbes Realty Global Properties
Aretilaw firm
eCredo
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter