UK clears $4 bn AI partnership between Amazon, Anthropic
By
Binu Mathew
London: Britain’s competition regulator on Friday cleared Amazon’s investment of up to $4 billion in Anthropic, an American developer of artificial intelligence, following a short probe.
The Competition and Markets Authority had examined the significant investment by the US e-commerce giant amid concerns among global antitrust watchdogs regarding tie-ups between AI firms and big tech companies.
Anthropic is developing a rival to ChatGPT-style AI chatbot.