Microsoft’s $13 Billion OpenAI Tie-Up Cleared by UK Watchdog
Microsoft CEO Satya Nadella, right, and OpenAI CEO Sam Altman.
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Microsoft Corp.’s $13 billion investment into OpenAI Inc. was cleared by the UK’s antitrust watchdog, ending months of uncertainty over the tie-up.
The Competition and Markets Authority said that the 2023 deal doesn’t qualify for a full investigation under merger rules. The CMA said in 2023 it intended to look at whether the partnership gave either of the two firms more control and influence over another.