Britain's competition watchdog does not think Microsoft's investment in Mistral AI constitutes a merger situation – just weeks after calling for industry views on the agreement., the Competition and Markets Authority said today it"decided that Microsoft Corporation's partnership with Mistral AI does not qualify for investigation under the merger provisions of the Enterprise Act 2002.", the regulator confirmed it was evaluating whether the $16.
At the time and to assist with its assessment, the CMA invited"comment from interested parties." Also under the spotlight was Microsoft's decision to hire Inflection AI CEO and co-founder Mustafa Suleyman, who is now. The CMA did not comment on this situation today, however, the European Commission said in mid-April it had determined the maneuvering did not technically add up to a merger.
Alex Haffner, competition partner at UK law firm Fladgate, said of the CMA's Mistral AI decision:"The CMA originally announced its investigation into the deal in parallel with separate, but clearly related, investigations into Microsoft's arrangements with Inflection AI and Amazon's with Anthropic.
"That the CMA has only confirmed the conclusions of the Mistral investigation is interesting as it leaves open the position on the other two deals, as well as the CMA's ongoing investigation into Microsoft's role in the Open AI project.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheRegister - 🏆 67. / 61 Read more »