This week: the UK's competition watchdog softens its stance on Microsoft-Activision, Amazon commits billions to Anthropic...
A ray of hope came for Microsoft this week, when the UK's Competition and Markets Authority (CMA) said there are reasonable grounds to approve its planned acquisition of Activision Blizzard. Elon Musk's X, meanwhile, faced regulatory wrath in the EU, with Thierry Breton warning the company that it must comply with sweeping disinformation laws.
Turning to AI, Amazon announced plans to commit up to USD$4bn (~£3.2bn) in OpenAI rival, Anthropic. The promised investment signals the e-commerce giant is ramping up efforts compete with cloud rivals. Speaking of OpenAI, the firm reportedly met with investors this week to discuss a share sale that could up its valuation to USD90bn (~£73.8bn).
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