UK opens antitrust investigation into Amazon over its ties to AI startup Anthropic

Amazon News

UK opens antitrust investigation into Amazon over its ties to AI startup Anthropic
Antitrust InvestigationAnthropicThe Investigation
  • 📰 engadget
  • ⏱ Reading Time:
  • 42 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Lawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.

The investigation will decide whether the aforementioned $4 billion investment qualifies as a merger under current regulations set forth by the country’s Competition and Markets Authority If it’s officially considered a merger, the investigation will then look into whether or not it will harm competition in the country. The investigators have 40 working days to come to a decision.that the investment “does not raise any competition concerns or meet the CMA’s own threshold for review.

The investigation is a small piece of a larger puzzle in which UK regulators look to curb “quasi-mergers.” This is when larger companies exert outsized influence over startups via strategic investments or by scooping up talent. This would, in theory, give the older company all of the benefits of a merger but without the regulatory scrutiny that would accompany an official acquisition.

To that end, the CMA is also preparing to launch an investigation into Google and its own massive investments into Anthropic. The company reportedly made two large investments, one for $300 million and another for $2 billion. Anthropic has raised $10 billion since its inception back in 2021, so Google and Amazon account for over half of that amount.into Microsoft’s close partnership with OpenAI, which could represent a quasi-merger.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

engadget /  🏆 276. in US

Antitrust Investigation Anthropic The Investigation Investment

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon's $4 billion investment in AI firm Anthropic faces UK merger investigationAmazon's $4 billion investment in AI firm Anthropic faces UK merger investigationAmazon's multibillion-dollar investment into U.S. artificial intelligence frim Anthropic is formally being investigated by U.K. competition regulators.
Read more »

OpenAI co-founder John Schulman leaves ChatGPT maker for rival AnthropicOpenAI co-founder John Schulman leaves ChatGPT maker for rival AnthropicOpenAI co-founder John Schulman leaves ChatGPT maker for rival Anthropic
Read more »

OpenAI co-founder John Schulman says he will leave and join rival AnthropicOpenAI co-founder John Schulman says he will leave and join rival AnthropicSchulman said OpenAI executives remain committed to backing efforts to ensure that people can control highly capable artificial intelligence models.
Read more »

Google's partnership with AI startup Anthropic faces scrutiny from UK competition watchdogGoogle's partnership with AI startup Anthropic faces scrutiny from UK competition watchdogBritain’s competition watchdog said Tuesday it’s looking into Google’s partnership with artificial intelligence startup Anthropic, adding fresh regulatory scrutiny to investment money flooding into the AI industry.
Read more »

Google's partnership with AI startup Anthropic faces scrutiny from UK competition watchdogGoogle's partnership with AI startup Anthropic faces scrutiny from UK competition watchdogBritain’s competition watchdog said Tuesday it’s looking into Google’s partnership with artificial intelligence startup Anthropic, adding fresh regulatory scrutiny to investment money flooding into the AI industry.
Read more »

Google's partnership with AI startup Anthropic faces scrutiny from UK competition watchdogGoogle's partnership with AI startup Anthropic faces scrutiny from UK competition watchdogBritain’s competition watchdog said Tuesday it’s looking into Google’s partnership with artificial intelligence startup Anthropic, adding fresh regulatory scrutiny to investment money flooding into the AI industry.
Read more »



Render Time: 2025-02-22 10:03:56