The UK competition regulator has taken the first steps towards three more probes into alliances between Big Tech companies and artificial intelligence start-ups, after the agency said its concerns about dealmaking in the fast-growing sector were increasing.
The Competition and Markets Authority on Wednesday invited comments on Microsoft’s hiring of key talent from Inflection AI and its minority investment in French start-up Mistral, as well as Amazon’s $4bn investment in US-based Anthropic, a leading rival to OpenAI.
Seeking views from rivals is a necessary precursor to a formal investigation. The CMA said it had not yet determined whether the deals fall within UK merger rules or raise competition concerns in the UK.