Are Microsoft and Amazon Using AI Deals to Stifle Industry Competition

The Competition and Markets Authority (CMA) in the United Kingdom plans to review artificial intelligence (AI) investments by Microsoft and Amazon. The CMA has expressed concern that these investments might suppress competition in the AI sector. The planned reviews include Microsoft's alliance with French firm Mistral AI and recruitment of key staff from Inflection AI, along with Amazon's $4bn investment in San Francisco-based Anthropic. Both companies have defended these moves, expressing confidence in their legality and readiness to cooperate with inquiries. However, the CMA intends to increase scrutiny on partnerships that could potentially reinforce dominant market positions.

Read in-depth analysis on this topic at: https://theweb3.news/news-bites/are-microsoft-and-amazon-using-ai-deals-to-stifle-industry-competition/

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