Close Menu
OpenWing – Agent Store for AIoT Devices

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Build AI in Wearables – OpenWing DevPack

    April 13, 2025

    DevPack AI Notelet – “Capture. Transcribe. Summarize. In Your Pocket.”

    April 9, 2025

    Gemini Robotics Revolutionizes AI Integration in Robotics

    April 8, 2025
    Facebook X (Twitter) Instagram
    OpenWing – Agent Store for AIoT DevicesOpenWing – Agent Store for AIoT Devices
    • AIoT Hotline
    • AGENT STORE
    • DEV CENTER
      • AIoT Agents
      • Hot Devices
      • AI on Devices
      • AI Developer Community
    • MARKETPLACE
      • HikmaVerse AI Products
      • Biz Device Builder
      • Global Marketing
        • Oversea Marketing Strategy
        • Customer Acquisitions
        • Product Launch Campaigns
      • Startup CFO Services
      • Partner Onboarding
        • Media Affiliate Program
    Facebook X (Twitter) Instagram
    OpenWing – Agent Store for AIoT Devices
    Home»News»UK launches formal probe into Amazon’s ties with AI startup Anthropic
    News

    UK launches formal probe into Amazon’s ties with AI startup Anthropic

    No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Copy Link VKontakte
    Share
    Facebook Twitter LinkedIn Pinterest Email Reddit Copy Link VKontakte Telegram WhatsApp

    [ad_1]

    The U.K.’s antitrust regulator has confirmed that it’s carrying out a formal antitrust investigation into Amazon’s ties with Anthropic, after Amazon recently completed a $4 billion investment into the AI startup.

    The news comes a week after the Competition and Markets Authority (CMA) revealed it was launching an invitation to comment into Google’s own ties with Anthropic, after the internet first invested a reported $300 million last year followed by a further $2 billion.

    Founded in 2021, San Francisco-based Anthropic, which has established itself as a public benefit corporation (PBC) to set itself apart from its rivals, develops large language models (LLMs) and an associated chatbot called Claude, which is similar to something like OpenAI’s ChatGPT or Google’s Bard. The company has raised a chunky $10 billion in its three year history.

    The AI goldrush has spurred Big Tech to pursue a multi-pronged approach to ensure they don’t miss out on the action, with growing concerns that they are adopting a new ‘quasi-merger‘ approach to M&A where they seek control over younger innovators through strategic investments or hiring startup founders and technical talent — anything to avoid the regulatory scrutiny that would come with a full-fledged acquisition.

    The CMA is expected to launch a full-scale probe into Microsoft’s close partnership with OpenAI, after making significant investments in the ChatGPT-maker in recent years.

    The regulator also revealed in April that it was carrying out initial inquiries into a triumvirate of similar deals involving Big Tech, including Microsoft’s investment in French startup Mistral AI — but the CMA quickly concluded that this didn’t qualify for investigation under current merger regulations due to the size of the investment. However, the CMA said at the time that it was looking into Microsoft’s acqui-hire of the core team behind OpenAI rival Inflection AI, a company that Microsoft had previously invested in — last month, the CMA said it would be extending this into a full ‘phase 1’ probe.

    The third component of the early-stage enquiries involved Amazon and Anthropic, and the CMA has now concluded it will be following through with an official phase 1 investigation. This means that it has 40 working days to decide whether the investment — which Amazon has previously said doesn’t give it a majority stake in Anthropic — qualifies under merger regulations, and if it does, whether it may harm competition in the U.K.

    An Anthropic spokesperson said that its “strategic partnerships and investor relationships” doesn’t compromise its ability to work with other companies or its corporate governance independence.

    “We are an independent company,” the spokesperson said in a statement issued to TechCrunch. “Amazon does not have a seat on Anthropic’s board, nor does it have any board observer rights. We intend to cooperate with the CMA and provide them with a comprehensive understanding of Amazon’s investment and our commercial collaboration.”

    The CMA will now have until early October to decide whether to greenlight the deal, or push it through to a more in-depth investigation.

    [ad_2]

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Copy Link

    Related Posts

    Gemini Robotics Revolutionizes AI Integration in Robotics

    April 8, 2025

    Hyundai Amplifies Robotics Partnership with Boston Dynamics, Eyeing Mass Deployment of Humanoid Robots

    April 8, 2025

    Unitree G1: The World’s First Side-Flipping Humanoid Robot Astonishes with Acrobatic Feats

    April 8, 2025

    The Rise of AI Mental Health Chatbots for Children: Navigating the Ethical Labyrinth

    April 8, 2025
    Add A Comment

    Comments are closed.

    OpenWing – Agent Store for AIoT Devices
    Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
    • Home
    • ABOUT US
    • CONTACT US
    • TERMS
    • PRIVACY
    © 2025 OpenWing.AI, all rights reserved.

    Type above and press Enter to search. Press Esc to cancel.