Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.
On April 24, the U.K.’s Competition and Markets Authority said it is in the process of collecting information from major market players to understand if the increasing collaboration between Amazon.com and AI developer Anthropic threatens local competition.commitment, revealing a minority ownership stake in the company and the implementation of AWS as Anthropic’s cloud service provider.
“We will assess, objectively and impartially, whether each of these 3 deals fall within UK merger rules and, if they do, whether they have any impact on competition in the UK.”saying that partnerships are an avenue to having competition in the AI space against some of the players who are completely already integrated.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »