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Amazon’s $4 billion partnership with AI startup Anthropic gets UK competition clearance

  • Britain's Competition and Markets Authority cleared Amazon's $4 billion partnership with AI company Anthropic, stating it didn't require further scrutiny.
  • The approval followed an investigation, part of broader scrutiny of Big Tech investments in generative AI startups.
  • The authority found Anthropic's revenue and combined market share with Amazon in Britain were insufficient for an in-depth investigation.
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Hindustan TimesHindustan Times

Amazon's AI partnership with Anthropic gets UK nod

Britain's competition regulator will not investigate Amazon's $4 billion AI partnership with Anthropic, citing lack of jurisdiction.

·New Delhi, India
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abc Newsabc News

Amazon's $4 billion partnership with AI startup Anthropic gets UK competition clearance

Britain’s competition watchdog has cleared Amazon’s partnership with artificial intelligence company Anthropic because the $4 billion deal didn’t qualify for further scrutiny

·United States
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Washington TimesWashington Times

Amazon's $4 billion partnership with AI startup Anthropic gets UK competition clearance

Britain's competition watchdog said Friday that it's clearing Amazon's partnership with artificial intelligence company Anthropic because the $4 billion deal didn't qualify for further scrutiny.

·United States
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Washington Top NewsWashington Top News

Amazon’s $4 billion partnership with AI startup Anthropic gets UK competition clearance

LONDON (AP) — Britain’s competition watchdog said Friday that it’s clearing Amazon’s partnership with artificial intelligence company Anthropic because the $4 billion deal didn’t qualify for further scrutiny. The Competition and Markets Authority approval comes after it started looking into the deal, part of wider global scrutiny for the wave of investment from Big Tech companies into leading startups working on generative AI technology. The w…

·Washington, United States
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TechmemeTechmeme

The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue didn't meet threshold limits

Katharine Gemmell / Bloomberg: The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue didn't meet threshold limits  —  The Competition and Markets Authority said Friday that the tie-up did not qualify for an investigation under merger laws.

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TechXploreTechXplore

Amazon's $4 billion partnership with AI startup Anthropic gets UK competition clearance

Britain's competition watchdog said Friday that it's clearing Amazon's partnership with artificial intelligence company Anthropic because the $4 billion deal didn't qualify for further scrutiny.

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