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Amazon faces UK merger probe over B Anthropic AI investment

Amazon faces UK merger probe over $4B Anthropic AI investment

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Source: Coin Telegraph

Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition.

Amazon and artificial intelligence research firm Anthropic are being investigated as a de facto merger in the United Kingdom. 

The UK’s Competition and Markets Authority (CMA) issued a formal notice on Aug. 8 announcing the inquiry’s commencement. According to documentation published on the UK government website, this marks the beginning of a “phase 1” investigation.

As Cointelegraph previously reported, UK authorities announced they were conducting preliminary investigations into partnerships between Amazon and Anthropic, Microsoft and Mistral AI, and Microsoft and OpenAI to determine whether any of the relationships had run afoul of EU regulations.

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Author: Tristan Greene