British competition regulators say they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry.
Business File - Arthur Mensch, cofounder and CEO of Mistral AI, attends the UK Artificial Intelligence Safety Summit in Bletchley, England on Nov. 2, 2023. 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.
"We will assess, objectively and impartially, whether each of these three deals fall within U.K. merger rules and, if they do, whether they have any impact on competition in the U.K.," the watchdog’s executive director of mergers, Joel Bamford, said in a statement. “We remain confident that common business practices such as the hiring of talent or making a fractional investment in an AI start-up promote competition and are not the same as a merger, the company said.
Microsoft also teamed up earlier this year with Mistral, which has become France's AI darling after being founded only last year. That followed Microsoft's previous existingAmazon, meanwhile, has spent billions for a minority stake in Anthropic. The two companies are collaborating to develop so-called foundation models, which underpin the
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