and others. The Competition and Markets Authority has officially concluded that the company hasn’t acquired “material influence” over the AI startup Anthropic as a result of the investment.
The continuing investigation into the partnership has also been squashed, with the UK antitrust watchdog saying that the investment doesn’t qualify for a full probe under merger rules. This is after phase one of a “Anthropic is an independent company and our strategic partnerships and investor relationships do not diminish our corporate governance independence or our freedom to partner with others,” a company spokesperson said after the CMA announced its findings.
Google’s investment into Anthropic gives the company non-voting shares and consultation rights on significant business issues. Anthropic is best known for, on the grounds that Anthropic’s UK turnover didn’t exceed £70 million and the two parties didn’t combine to account for 25 percent or more of the region’s supply of AI LLMs and chatbots.