Microsoft Faces UK Competition Investigation Over Hiring of AI Startups

The article discusses a potential investigation by the UK’s competition watchdog into Microsoft’s acquisition of several artificial intelligence (AI) startups. The Competition and Markets Authority (CMA) is concerned that these acquisitions may unfairly stifle competition in the AI market. Microsoft has acquired several AI companies in recent years, including Anthropic, Nuance Communications, and Semantic Machines. The CMA is examining whether these deals may have violated competition laws by limiting other companies’ access to crucial AI products or services. The investigation will assess if Microsoft’s acquisitions have resulted in a substantial lessening of competition in the AI market. The CMA has invited comments from interested parties by June 5th. Microsoft has stated that it will cooperate fully with the CMA’s investigation. The probe highlights growing regulatory scrutiny over the dominance of tech giants in emerging technologies like AI.

Source: https://abcnews.go.com/Business/wireStory/microsoft-faces-uk-competition-investigation-hiring-ai-startups-111987692