UK CMA investigates Alphabet-Anthropic relationship
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On Thursday, the UK Competition & Markets Authority (CMA) initiated an investigation into Alphabet Inc's ties with artificial intelligence company Anthropic PBC, citing potential concerns regarding competition in the AI market.
In September, the CMA had previously approved Amazon.com Inc's partnership with Anthropic following a phase 1 investigation. The CMA assessed Amazon's arrangements with Anthropic against specific thresholds for turnover and market share, determining that neither was met, thus ruling out the need for a further investigation.
UK CMA investigates Alphabet-Anthropic relationship
Alphabet, the parent company of Google based in Mountain View, California, is reported to have invested over $2 billion in Anthropic through multiple funding rounds. This trend of significant investments in AI start-ups is becoming increasingly common among major tech companies.The CMA has set a deadline of December 19 for its phase 1 decision.
In September, the CMA had previously approved Amazon.com Inc's partnership with Anthropic following a phase 1 investigation. The CMA assessed Amazon's arrangements with Anthropic against specific thresholds for turnover and market share, determining that neither was met, thus ruling out the need for a further investigation.