Source: Small Biz Technology
The UK’s Competition and Markets Authority (CMA) is conducting a preliminary assessment of the partnership between Google and AI firm Anthropic. This scrutiny forms part of a wider investigation into alliances between tech corporations and emerging AI companies, as regulatory bodies try to understand the rapid advancement in technology and its implications on competition and user rights.
Google invested £2bn in Anthropic in 2023, a company renowned for creating Claude LLM and a unique chatbot. This partnership is now under review by the CMA, looking at its potential to develop into a “relevant merger situation”. The CMA is also inviting public input on the matter.
Troubling concerns over competition in the generative AI industry triggered the CMA’s investigation. They are also scrutinising a deal between Amazon and Anthropic, with the former committing to be a significant cloud computing provider for the latter, in exchange for a £4bn stake.
Read full article: https://www.smallbiztechnology.com/archive/2024/08/uk-regulator-scrutinizes-google-anthropic-partnership.html/
