UK Regulator To Examine $4 Billion Amazon Investment In AI Startup Anthropic

An anonymous reader quotes a report from The Guardian: Amazon's $4 billion investment into US artificial intelligence startup Anthropic is to be examined in the latest investigation into technology tie-ups by the UK's competition watchdog. The Competition and Markets Authority (CMA) said on Thursday that it was launching a preliminary investigation into the deal, before deciding whether to refer it for an in-depth review. The deal, announced in March, included a $4 billion investment in Anthropic from Amazon, and a commitment from Anthropic to use Amazon Web Services "as its primary cloud provider for mission critical workloads, including safety research and future foundation model development." The regulator said it was "considering whether it is or may be the case that Amazon's partnership with Anthropic has resulted in the creation of a relevant merger situation." "We are an independent company. Our strategic partnerships and investor relationships do not diminish our corporate governance independence or our freedom to partner with others," said an Anthropic spokesperson said in a statement. "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."

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