185 place 3

513 Google-Anthropic partnership raises AI competition fears in the UK

The Next Web
Ioanna Lykiardopoulou @ The Next Web · 07/30/2024 15:12 EDT

Google-Anthropic partnership raises AI competition fears in the UK

Google’s partnership with GenAI startup Anthropic is raising eyebrows in the UK as the trend of big tech giants backing young AI companies continues. The Competitions and Markets Authority (CMA) said on Tuesday that it’s collecting information on whether the partnership qualifies as a merger and negatively impacts UK competition. In October, Google-parent company Alphabet reportedly committed $2bn to the San-Francisco based startup, which has developed ChatGPT rival Claude. This followed a prior $300 invest

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