Amazon’s $4 Billion Anthropic Deal Cleared by UK Watchdog
- UK CMA said tie-up didn’t meet threshold for a merger review
- Approval adds to list of AI investments given the green light
The Anthropic website on a smartphone.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
Amazon.com Inc.’s $4 billion investment pact with AI firm Anthropic was cleared following heightened UK scrutiny into Big Tech’s spending spree on artificial intelligence software.
The Competition and Markets Authority said Friday that the tie-up wouldn’t qualify for an investigation under UK merger laws. It found that Anthropic’s local revenue did not meet threshold limits or have a large enough share of supply in the country.