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UK clears $4b AI partnership between Amazon, Anthropic

Published : Sunday, 29 September, 2024 at 12:00 AM  Count : 125
LONDON, Sept 28 Britain's competition regulator on Friday cleared Amazon's investment of up to $4 billion in Anthropic, an American developer of artificial intelligence, following a short probe.
The Competition and Markets Authority examined the investment by the US e-commerce giant amid concerns among global antitrust watchdogs regarding tie-ups between AI firms and big tech companies.
Anthropic is developing a rival to ChatGPT-style AI chatbot.
The British regulator had probed whether the partnership caused "a substantial lessening of competition within any market or markets in the United Kingdom for goods or services".    —AFP


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