UK regulator scrutinizes Big Tech’s role in AI industry
Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.
Regulators in the United Kingdom are keeping a watchful eye on the local artificial intelligence (AI) scene as Big Tech companies continue to dominate the space.
On April 24, the U.K.’s Competition and Markets Authority (CMA) said it is in the process of collecting information from major market players to understand if the increasing collaboration between Amazon.com and AI developer Anthropic threatens local competition.
In September 2023, Amazon announced an agreement to invest $4 billion into Anthropic in an effort to support its development of high-performing foundation models.
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