PYMNTS.com May 17, 2024
The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI.
“The CMA has decided that Microsoft Corporation’s partnership with Mistral AI does not qualify for investigation under the merger provisions of the Enterprise Act 2022,” the regulator said in a Friday (May 17) update.
The regulator said on April 24 that it was considering whether the partnership of the two companies could reduce competition within any market in the U.K. It invited interested parties to submit comments by May 9.
On the same day, the CMA issued a press release saying it was seeking views on the Microsoft and Mistral AI partnership, the Amazon and Anthropic partnership, and Microsoft’s hiring...
Today's Sponsors
Today's Sponsor