In partnership with

THE RUNDOWN

You've probably seen the headlines about Google, OpenAI, and Anthropic all racing to build the smartest AI.

Turns out the race isn't just about the technology. It's about who can keep their best people from walking out the door.

This month, Google lost two of its most important AI scientists. One went to OpenAI. One went to Anthropic.

We break down why that matters even if you don't work in AI, plus fresh data on who's actually hiring right now, where the money's flowing into new companies, and a copy-paste prompt for your next raise conversation.

Let's get into it.

Quick Signals

  • Tech layoffs have already topped all of 2025. About 126,000 people have been cut so far in 2026, versus 123,000 for the entire year before, according to Layoffs.fyi data. TikTok closed a Nashville office and cut 250 jobs the same week Google cut 52 roles in a separate reorg, proof that even companies that aren't struggling keep quietly resizing.

  • Employers say they're actually ready to hire again. A Robert Half survey found 66% of US employers plan to add headcount in the second half of 2026, up from 60% in the first half and 57% a year ago. Tech (78%), healthcare (75%), and finance (74%) are the roles they're most desperate to fill.

  • Prices cooled off, but paychecks cooled off faster. July inflation came in at 3.4%, the calmest core reading since 2021, but wages only grew 3.2% over the same year. Second month in a row pay has lost ground to prices.

  • 1 in 5 teenagers are now using AI chatbots for mental health advice instead of talking to a real therapist, according to RAND. Most don't tell their parents.

  • The White House got the big AI companies in a room. CEOs from Google, Meta, OpenAI, and Anthropic met with officials this month to finalize a voluntary framework for safety-testing new AI models before release.

OPPORTUNITY FLOW

Hiring

  • Robert Half's survey of employers puts hiring intent at its highest point in over a year, with tech, healthcare, and finance/accounting the three hardest categories to fill right now. Fortune / Robert Half, Aug 12, 2026

  • Blacksmith, an AI code-testing startup, grew from 700 customers to over 5,000 in a year and is still scaling its ~30-person team after a fresh raise (see Funding below). TechCrunch, Aug 12, 2026

Funding

  • Hadrian, which builds highly automated factories, raised $1.37 billion at a $7.87 billion valuation. Crunchbase, Aug 7, 2026

  • Base Power, a residential battery storage company, raised $1 billion at a $13 billion valuation. Crunchbase, Aug 7, 2026

  • Blacksmith raised a $45 million Series B at a $550 million valuation, a roughly 10x jump in under a year, with some enterprise customers now spending over $1 million a year on its platform. TechCrunch, Aug 12, 2026

  • Whatnot, a live-shopping marketplace, raised $545 million at a $20 billion valuation. Crunchbase, Aug 7, 2026

Contracts

  • The Pentagon directed up to $243.9 million in additional no-bid spending on Palantir's software through March 2027, on top of last year's $10 billion, 10-year Army deal. Defense One, Aug 13, 2026.

A Word from Our Partner

Stop making AI decisions in the dark.

Leadership is asking: are we getting value from AI? Which tools are worth the spend? Where are we exposed? Right now, most teams have no idea.

You get a complete picture of how your organization uses AI, automatically categorized into custom tasks and use cases.

You’ll see the projects being worked on, who’s using what tools, where AI investments are driving value, and where employees are engaging in risky behavior.

CIOs can rationalize spending and cut wasted licenses. CISOs can pinpoint where risk exists and neutralize it. AI committees can show exactly how their efforts are paying off.

The Big Story

Google just lost two of its top AI scientists, to two different rivals

Google's DeepMind lab, the team behind its most advanced AI models, lost two of its most important people this month, and they didn't even go to the same place.

Noam Shazeer, one of the researchers who co-invented the "Transformer," the architecture nearly every major AI model (ChatGPT, Claude, Gemini) is built on, left for OpenAI. Around the same time, John Jumper, who led the team behind AlphaFold (the AI that predicts how proteins fold, a genuine breakthrough for drug discovery), left for Anthropic.

Two different people. Two different destinations. Same lab, same month.

This isn't really a story about Google messing something up. It's a story about scarcity. There are only a few hundred researchers on the planet who've actually built a frontier AI model from scratch, and every major lab, OpenAI, Anthropic, Meta, xAI, wants the same short list of names.

That scarcity is why pay for this specific group of people stopped looking like a normal job offer and started looking more like pro sports free agency: multi-year guarantees, equity packages worth hundreds of millions, sometimes entire teams poached together instead of one person at a time.

It also explains Google's other move this month: reorganizing its AI leadership back to California and simplifying who reports to whom. That's not symbolism, it's a retention play, an attempt to make the org fast and flat enough that the next Shazeer or Jumper has fewer reasons to leave.

Why it matters: You probably don't work at a frontier AI lab, but this still tells you something about your own job. When a market is this scarce at the very top, it pulls pay and demand up through the whole field underneath it, from AI researchers down to anyone who can competently deploy AI tools inside a normal company. If your job touches AI at all, even loosely, this is a good week to check what the market actually pays for what you do, because the number has probably moved since you last looked.

Wild to think a couple of people switching jobs can move an entire industry's pay scale. -San

Making Moves

AI certificates are everywhere now, but most of them don't actually help

Three years ago, AI-related certifications made up maybe 1 to 2% of all the professional certificates people were earning. Today they're close to 30%, something one analysis called a 20x jump from pre-ChatGPT levels.

Employers are asking for it too. Entry-level job postings that specifically require AI skills nearly doubled in about six months, from 10.5% of postings last fall to 16.5% this spring. More than a third of employers now say entry-level hires need to show AI fluency before they'll even get an interview.

Here's the part most people miss. A certificate only moves your pay if it's actually related to your job. Workers whose first non-degree credential matched their real field saw a 3.8% wage bump. Workers who got a random, trending AI certificate that had nothing to do with their job saw only 1.8%, barely more than nothing.

The same "be specific, get paid" pattern shows up in job-switching too. People who changed jobs in July got paid 7% more than they were making a year earlier, the widest gap in almost a year, concentrated almost entirely in healthcare and AI-related roles. Switch into a generic role instead, and that premium mostly disappears.

Why it matters: Don't collect AI certificates like trophies. Pick the one specific skill gap standing between you and the job you actually want, get certified in that, and put real examples of you using it right next to it on your resume. That's the version of "AI skills" that actually shows up in paychecks.

If your AI cert has nothing to do with your job, it's decoration, not a raise. -San

Thinking about making moves yourself?

Land your next role faster with Tailr, our Claude-powered job search and networking tool: Start searching

Try This Out

The Raise Ammunition Prompt

Copy this into ChatGPT or Claude, free tier is fine:

"I want to build a data-backed case for a raise. Here's my situation: [your role, current pay, time in role, and 2-3 concrete wins from the last 6-12 months]. Do three things: (1) Estimate a realistic market range for my role using public salary data, and tell me plainly if you're not confident in a specific number rather than guessing. (2) Tell me which 2 of my listed wins are the strongest to lead with, and why. (3) Write a 100-120 word message I could send my manager that references the market data (national wage growth is running about 3.2% right now, but people who switch jobs are seeing closer to 7%) without sounding like I'm threatening to quit."

Predict This

Fed Chair Kevin Warsh has held rates steady at every meeting since taking over earlier this year (Jan, Mar, Apr, Jun, and again July 28-29, all at 3.50-3.75%). He gives his first Jackson Hole speech as chair later this month. Will he:

  • A) Hint that a September rate cut is likely

  • B) Hold firm, no cut signal

  • C) Stay vague, no clear lean either way

Last issue we asked whether July's inflation report would come in hot, in-line, or cool. It came in cooler than expected, with core inflation hitting its slowest pace since 2021.

Worth Reading

  • 40,000-year-old bird figurines carved from ivory were found in Germany's Hohle Fels Cave, among the oldest known figurative art. (Explorator)

  • Scientists found ancient microbial life still living on Ötzi the Iceman's 5,300-year-old mummified body. (Explorator)

  • A review of 48 separate studies found people who've tried psilocybin, LSD, or ayahuasca tend to become more open-minded and less anxious over time. (Research Roundup, Scott Barry Kaufman)

Keep Reading