Diamond Member Pelican Press 0 Posted April 24, 2024 Diamond Member Share Posted April 24, 2024 This is the hidden content, please Sign In or Sign Up , This is the hidden content, please Sign In or Sign Up AI partnerships face scrutiny from British regulators A This is the hidden content, please Sign In or Sign Up logo seen displayed on a smartphone screen and This is the hidden content, please Sign In or Sign Up logo in the background in Athens, Greece on October 5, 2023. Nurphoto | Nurphoto | Getty Images British antitrust regulators are seeking views on partnerships between This is the hidden content, please Sign In or Sign Up and This is the hidden content, please Sign In or Sign Up with smaller generative AI model makers. The U.K.’s Competition and Markets Authority on Wednesday said that it was opening invitations to comment for interested third parties to give their views on major AI partnerships between This is the hidden content, please Sign In or Sign Up and French AI firm Mistral, and This is the hidden content, please Sign In or Sign Up and U.S. startup Anthropic, as well as This is the hidden content, please Sign In or Sign Up ’s hiring of former employees from Inflection AI. The CMA, which is seeking views from interested parties by May 9, is attempting to investigate whether the arrangements between these companies qualify as mergers. The invitation to comment is the first part of an information gathering process that comes ahead of the launch of a formal Phase 1 review by British regulators. An invitation to comment does not start the formal Phase 1 review, the CMA noted. This is the hidden content, please Sign In or Sign Up disputed the notion that its deal with Mistral and its hirings from Inflection constituted mergers. In a statement, a This is the hidden content, please Sign In or Sign Up spokesperson said: “We remain confident that common business practices such as the hiring of talent or making a fractional investment in an AI start-up promote competition and are not the same as a merger.” “We will provide the *** Competition and Markets Authority with the information it needs to complete its inquiries expeditiously,” the spokesperson added. An This is the hidden content, please Sign In or Sign Up spokesperson said it was “unprecedented” for the CMA to review a collaboration of the kind that the company had agreed with Anthropic. “Unlike partnerships between other AI startups and large technology companies, our collaboration with Anthropic includes a limited investment, doesn’t give This is the hidden content, please Sign In or Sign Up a board director or observer role, and continues to have Anthropic running its models on multiple cloud providers,” This is the hidden content, please Sign In or Sign Up ’s spokesperson said. “By investing in Anthropic, which has just released its industry-best, new Claude 3 models, we’re helping make the generative AI segment more competitive than it’s been the last couple years. And, customers are very excited about the opportunities this collaboration is providing them. We’re confident that the facts speak for themselves, and hope the CMA agrees to resolve this quickly.” This breaking news story is being updated. Correction: The article has been updated to reflect the CMA is seeking views on a partnership between This is the hidden content, please Sign In or Sign Up and Mistral, and a separate arrangement between This is the hidden content, please Sign In or Sign Up and Anthropic. This is the hidden content, please Sign In or Sign Up Breaking News: Technology,Technology,business news # This is the hidden content, please Sign In or Sign Up # This is the hidden content, please Sign In or Sign Up #partnerships #face #scrutiny #British #regulators This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/21056-microsoft-amazon-ai-partnerships-face-scrutiny-from-british-regulators/ Share on other sites More sharing options...
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