Microsoft dodges in-depth UK probe into hiring of staff from AI firm Inflection
Publishing timestamp: 2024-09-04 11:14:31
Summary
The U.K. Competition and Markets Authority has cleared Microsoft's acquisition of assets from AI company Inflection, stating that it does not pose a substantial lessening of competition. Microsoft's hiring of employees from Inflection, including former DeepMind co-founder Mustafa Suleyman, has also been approved. The regulator did not find any risk of competition lessening, but maintained that the agreement constitutes an effective merger. Microsoft's deal with Inflection is not the only one being assessed by regulators, as there are ongoing probes into Microsoft's investment in OpenAI and Amazon's partnership with AI company Anthropic.
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