The UK’s Competition and Markets Authority took aim at Microsoft and Amazon’s dealings with AI start-ups, inviting comment from market players to determine if recent partnerships have the potential to hurt competition in the country.
Britain's competition watchdog said on Wednesday it was seeking comments on the AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic. The Competition and Markets Authority also said it wanted to hear the views of third parties on Microsoft's hiring of former employees of Inflection AI and related arrangements. Microsoft last month appointed DeepMind co-founder Mustafa Suleyman as the head of a newly created consumer AI unit and hired several employees of his...
UK regulators will scrutinize partnerships between Microsoft and Amazon to review potential AI competition issues.
The UK Competition and Markets Authority has announced it is taking comments from others to see if the partnerships that Microsoft and Amazon have made with AI companies could harm competition.
Microsoft’s UK business reported a profit surge last year after the group boosted its revenues to £8.4bn, up from £6.3bn the year prior. The UK entity of the US tech giant cited extra demand for its cloud services as driving the 33% increase in turnover, financial filings show. For the year ended 30 June 2023, […]
British competition regulators said Wednesday they'll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry. The Competition and Markets Authority said it's looking into Microsoft's partnership with France's Mistral AI and the company's hiring of key staff from
During the earnings call, company CEO Nadella stated that usage of Azure for those working an any AI project has significantly brought in new customers.
Sanctuary AI, a startup which is trying to create the world’s first human-like intelligence in general purpose robots, today announced its partnership with Microsoft. Both the companies will be working on the development of AI models for general purpose humanoid robots. Also, they will work to improve AI research and development and Sanctuary AI will be using […]
Microsoft has just announced another partnership with an AI startup company, Sanctuary AI. The two businesses will work together to create a human-like AI model for general purpose robots.
Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
In what promises to be a defining suit for artificial intelligence and the tools used to power AI, eight daily newspapers have sued Microsoft and Open AI over their use of newspaper articles to power their AI chatbots.
Microsoft and Google rolled out their own AI-powered productivity tools last year, touting them as products that could revolutionize how people work.But one leading AI expert thinks otherwise.Ethan Mollick, a professor of management at the University of Pennsylvania's Wharton School of Business, has been tapped by the White House, JP Morgan, Google, and many others for his insights on artificial intelligence.In an interview with The Wall Street Journal, Mollick said Microsoft's Copilot and...