LONDON (AP) — British competition regulators said Wednesday they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry.
The Competition and Markets Authority said it’s looking into Microsoft’s partnership with France’s Mistral AI and the company’s hiring of key staff from another startup, Inflection AI. The watchdog also separately announced that it’s investigating Amazon’s $4 billion investment in San Francisco-based Anthropic.
Big Tech companies have been pouring money into generative AI startups amid growing public and business interest in the technology, but the investments have also drawn attention from antitrust authorities.
The U.K. watchdog said it was seeking comments from “interested third parties,” before deciding whether to carry out an in-depth antitrust investigation.
Related articles:
Related suggestion:
Travis Kelce parties at starThe foods that cancer experts want you to stop eatingYadav unbeaten ton helps Mumbai end losing streak in IPLLarrañaga, Kruger, Dunphy and Nolan to be honored with Joe Lapchick Character AwardI have the largest penis in BritainRussia plans nuclear weapon drills after angry exchange with Western officialsI have the largest penis in BritainPowerful ethnic armed group in western Myanmar claims to capture base and hundreds of soldiersWho is youngestKyle Larson and Denny Hamlin, the dominant NASCAR Cup Series drivers, could have a blooming rivalry
3.093s , 6502.46875 kb
Copyright © 2024 Powered by Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals ,International Insights news portal