Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals !

Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals

Time:2024-05-22 11:28:23 source:Planet Pulse news portal

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 information
  • Daniel Cuvet hits a pair of three
  • Kyle Larson and Denny Hamlin, the dominant NASCAR Cup Series drivers, could have a blooming rivalry
  • More than 40 workers trapped after a building under construction collapsed in South Africa
  • Revealed: Bernard Hill's touching seven
  • Judge in Trump’s hush money trial did not bar campaign finance expert from testifying for defense
  • Trump's strategist push AI to help conservatives, all you need to know
  • Robinhood Markets receives SEC notice for alleged securities violations at crypto unit
  • Money isn't enough to smooth the path for Republican candidates hoping to retake the Senate
Recommended content
  • West Virginia lawmakers approve funding to support students due to FAFSA delays
  • NBC will stick with dual announcers and analysts for the US Open
  • The foods that cancer experts want you to stop eating
  • Polish prosecutors open investigation after judge flees to autocratic Belarus
  • Over 1 million claims related to toxic exposure granted under new veterans law, Biden announces
  • Tampa Bay Rays reinstate outfielder Josh Lowe from the 10