Google’s Anthropic AI Deal Cleared by UK Antitrust Agency
- Google pledged to invest $2 billion into the startup last year
- Investment in Anthropic avoids full blown CMA investigation
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Google’s partnership with AI firm Anthropic has avoided further scrutiny after the UK antitrust watchdog concluded it doesn’t qualify for a full blown investigation under merger rules.
Google hasn’t gained “material influence” over Anthropic as a result of the deal, the Competition and Markets Authority said on Tuesday. The agency started looking at the partnership after Alphabet Inc.’s Google pledged to invest $2 billion into the startup last year. Prior to the financing, Google also signed a cloud agreement with Anthropic.