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Bloomberg : UK regulator launches formal investigation into Google partnership with Anthropic

Bloomberg : UK regulator launches formal investigation into Google partnership with Anthropic

Bitget2024/10/24 12:25

Google partnership with artificial intelligence startup Anthropic is at risk of disruption in the U.K. on Oct. 24, after the competition regulator called for a further investigation into the potential impact of the deal. Britain's Competition and Markets Authority said on Thursday it would launch the first stage of a formal merger investigation. Google last year pledged to invest $2 billion in the artificial intelligence startup. Prior to the funding, Google also signed a major cloud deal with Anthropic. The UK's Competition and Markets Authority has been at the forefront of global regulators to ensure that large-scale tech investments in the AI industry do not distort the market. Microsoft Corp.'s investment in OpenAI could also face an investigation by U.K. regulatory authorities, while Amazon's $4 billion investment in Anthropic was approved in September.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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