UK Clears Amazon's $4B Investment in AI Startup Anthropic
Britain's Competition and Markets Authority ruled that the deal does not meet the criteria for further investigation under UK merger regulations.
- The UK's Competition and Markets Authority (CMA) announced that Amazon's $4 billion investment in Anthropic does not qualify for an in-depth investigation.
- The CMA determined that Anthropic's local revenue and market share did not meet the thresholds required for a merger inquiry under the Enterprise Act 2002.
- Amazon's partnership with Anthropic includes the use of Amazon Web Services and custom-built computer chips to power Anthropic's AI operations.
- Similar collaborations by Microsoft with Inflection AI and Mistral AI have also been cleared, while Google's investment in Anthropic remains under scrutiny.
- Anthropic, a public benefit corporation founded by former OpenAI executives, emphasizes its independence despite significant investments from major tech companies.