City
Epaper

UK begins probe into AI partnerships by Microsoft, Amazon

By IANS | Updated: April 24, 2024 18:50 IST

London, April 24 The UK's Competition and Markets Authority (CMA) on Wednesday launched a preliminary probe into partnerships ...

Open in App

London, April 24 The UK's Competition and Markets Authority (CMA) on Wednesday launched a preliminary probe into partnerships between tech giants over artificial intelligence (AI), like Microsoft and Mistral AI, and Amazon and Anthropic.

The anti-trust regulator has asked interested third parties to give their views on whether these AI partnerships (including Microsoft’s hiring of former employees and related arrangements with Inflection AI) fall within UK merger rules and the impact that these arrangements could have on competition in the country.

"We will assess, objectively and impartially, whether each of these 3 deals fall within UK merger rules and, if they do, whether they have any impact on competition in the UK," said Joel Bamford, Executive Director of Mergers at the CMA.

Competition authorities around the world are actively looking into AI.

"While we remain open-minded, and haven’t drawn any conclusions, our aim is to better understand the complex partnerships and arrangements at play," Bamford added.

The anti-trust regulator is inviting views by May 9.

The CMA said it is also considering feedback received earlier this year on Microsoft’s partnership with OpenAI and is currently waiting for information it has requested from the firms.

It has not yet opened a formal Phase 1 review of the Microsoft-OpenAI deal.

The authority said it remains vigilant against the possibility that incumbent technology firms could use partnerships and investments to shield themselves from competition.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPakistan: Hotel gets e-challan for vehicle stolen 28 years ago in Karachi

InternationalWHO reports 'significant rise' in suspected dengue cases in eastern Afghanistan

InternationalPakistan: Newlywed girl found hanging in Karachi

International"Going to be selling Saudi Arabia some of the greatest military equipment ever built": Trump

InternationalIsraeli strikes on Gaza City and Khan Younis kill 25

Technology Realted Stories

TechnologyBengaluru Tech Summit: K’taka govt launches 50 innovative products & solutions by startups

TechnologyApple announces 45 finalists for 2025 App Store Awards

TechnologyOver 95 pc of India’s villages are ODF Plus; up 467 pc in 3 years

TechnologyPiyush Goyal hails India’s defence manufacturing leap, says nation on track for ‘developed India 2047’

TechnologyIon Exchange’s Indraneel Dutt charts growth with digital transformation and innovation