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.
Edmunds: What you need to know about wrapping your car
G20 Summit to be held in Bali, Indonesia
Full Text of President Xi Jinping's 2024 New Year Message
UN chief calls for reaching consensus on climate actions at COP27
Air Rwanda: Which airline will deport migrants on a one
Commentary: Chinese consumer market full of opportunities for global brands
Foundation stone laid for Sino
Surging auto insurance rates squeeze drivers, fuel inflation
Asia's first deep water jacket Haiji