Deals could impact competition in AI industry (Il Sole 24 Ore Radiocor) - New York, 24 Apr - The UK competition regulator said it would scrutinize recent artificial intelligence deals by Microsoft and Amazon amid concerns these deals could impact competition in the UK in the AI sector.

"The Competition and Markets Authority (CMA) has today opened invitations to comment for interested third parties to give their views on whether the partnerships between Microsoft and Mistral AI, and Amazon and Anthropic, as well as Microsoft's hiring of former employees and related arrangements with Inflection AI, fall within UK merger rules and the impact that these arrangements could have on competition in the UK," the CMA said.

It said today's announcement follows a recent CMA report outlining 3 key interlinked risks to open, fair and effective competition in the markets for AI Foundation Models - specifically, concerns that partnerships involving key players could be exacerbating existing positions of market power through the FMs value chain.

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(RADIOCOR) 24-04-24 15:59:08 (0580) 5 NNNN