The British Competition and Markets Authority recently confirmed how it’s got sufficient data to launch a new probe into Google’s latest deal with Anthropic.
The competition watchdog will now be scrutinizing the AI partnership that took many by surprise. This is linked to whether or not it could stifle competition. Therefore, the CMA outlined December 19 as the deadline to determine if such a partnership would be doing more harm than good and if this deal can move forward.
Talks about escalating the investigation were done because of the magnitude of the deal and considering how close the deadline is, that makes sense. But Google also released a new statement on this front.
It confirmed commitments to create open AI ecosystems that were innovative so the world could benefit. Similarly, it mentioned Anthropic being free to use its cloud providers without demanding exclusive rights from the tech world.
Anthropic has really made a name for itself, despite opening up operations in 2021. It was also in alliance with OpenAI in the past. The company’s agenda from day one was to design safe and trustworthy AI models.
As per reports seen last year, Google agreed to make multi-billion investments inside Anthropic which had a popular chatbot called Claude. For now, it’s cooperating with regulators to provide complete information about investments into this latest deal with the Android maker and what the collaboration is based on.
The company says it has independent operations and no strategic alliances reduce its rights or work freely and independently of others.
This is not the first time that we’ve seen AI partnerships come under scrutiny. British regulators time and time again scrutinize AI deals as a lot of funds in the form of investment keep moving into this sector. This is leading to a massive AI boom. As per reports seen last year, Anthropic was cleared of Amazon’s deal worth billions. It has similarly signed off on the software giant’s deals with several other startup firms like Mistral and Inflection.
Image: DIW-Aigen
Read next: LinkedIn's Data Scandal: The Alarming Truth Behind Your Information and Targeted Ads
The competition watchdog will now be scrutinizing the AI partnership that took many by surprise. This is linked to whether or not it could stifle competition. Therefore, the CMA outlined December 19 as the deadline to determine if such a partnership would be doing more harm than good and if this deal can move forward.
Talks about escalating the investigation were done because of the magnitude of the deal and considering how close the deadline is, that makes sense. But Google also released a new statement on this front.
It confirmed commitments to create open AI ecosystems that were innovative so the world could benefit. Similarly, it mentioned Anthropic being free to use its cloud providers without demanding exclusive rights from the tech world.
Anthropic has really made a name for itself, despite opening up operations in 2021. It was also in alliance with OpenAI in the past. The company’s agenda from day one was to design safe and trustworthy AI models.
As per reports seen last year, Google agreed to make multi-billion investments inside Anthropic which had a popular chatbot called Claude. For now, it’s cooperating with regulators to provide complete information about investments into this latest deal with the Android maker and what the collaboration is based on.
The company says it has independent operations and no strategic alliances reduce its rights or work freely and independently of others.
This is not the first time that we’ve seen AI partnerships come under scrutiny. British regulators time and time again scrutinize AI deals as a lot of funds in the form of investment keep moving into this sector. This is leading to a massive AI boom. As per reports seen last year, Anthropic was cleared of Amazon’s deal worth billions. It has similarly signed off on the software giant’s deals with several other startup firms like Mistral and Inflection.
Image: DIW-Aigen
Read next: LinkedIn's Data Scandal: The Alarming Truth Behind Your Information and Targeted Ads
