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Stock impact report

AI talent war: Software industry is a new target as top executives jump ship to OpenAI [CNBC]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: CNBC
The move underscores the challenges in the software industry as it grapples with AI disruption. The threat of AI on software's business model, plus larger compensation packages at the AI giants, were driving factors behind the moves, according to sources. In this article Software giants are seeing their worst stock performance in years on fears of AI disruption. Now they have a new problem. Several top software executives have been poached by AI giants that are hunting for talent with sales and go-to-market experience, according to sources. Executives from Salesforce Snowflake , and Datadog have been poached recently by OpenAI and Anthropic, lured by large compensation packages and the opportunity to bring existing corporate relationships to these AI companies, according to multiple sources. Salesforce and OpenAI declined to comment. CNBC reached out to Snowflake and Datadog for comment. One of OpenAI's splashiest software hires was Denise Dresser . Dresser is now the c Show less Read more
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