Microsoft's hiring of staff from AI startup Inflection referred for UK merger probe

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Microsoft’s hiring of employees from artificial intelligence startup Inflection has been referred for an initial merger investigation in the U.K.

Microsoft's hiring of employees from artificial intelligence startup Inflection has been referred for an initial merger investigation in the U.K.

If it finds reason to investigate further, the Competition and Markets Authority can refer the case for an in-depth investigation, known as a"Phase 2" probe.hiring of certain former employees from artificial intelligence startup Inflection has been referred for an initial merger investigation in the U.K.

If it finds reason to investigate further, the CMA can refer the case for an in-depth investigation, known as a"Phase 2" probe. The CMA said it would announce a decision on whether to refer the case for a Phase 2 investigation by Sept. 11.

 

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Microsoft's hiring of staff from AI startup Inflection referred for UK merger probeMicrosoft's hiring of employees from artificial intelligence startup Inflection has been referred for an initial merger investigation in the U.K.
Source: CNBC - 🏆 12. / 72 Read more »