UK clears $4 bn AI partnership between Amazon, Anthropic
The Peninsula
London: Britain s competition regulator on Friday cleared Amazon s investment of up to $4 billion in Anthropic, an American developer of artificial in...
London: Britain's competition regulator on Friday cleared Amazon's investment of up to $4 billion in Anthropic, an American developer of artificial intelligence, following a short probe.
The Competition and Markets Authority had examined the significant investment by the US e-commerce giant amid concerns among global antitrust watchdogs regarding tie-ups between AI firms and big tech companies.
Anthropic is developing a rival to ChatGPT-style AI chatbot.
The British regulator had probed whether the partnership caused "a substantial lessening of competition within any market or markets in the United Kingdom for goods or services".
However, it announced Friday that it did not believe that "a relevant merger situation has been created".
Milan, Italy: Italian fashion group Prada announced on Tuesday it had completed its acquisition of smaller rival Versace, announced earlier this year...
Seoul: Samsung launched its first triple folding phone on Tuesday, a special edition product with an eyewatering price tag placing it out of the reach...
Doha, Qatar: The Safari 10, 20, 30 Promotion has started from December 1 at Safari, one of Doha s leading hypermarket chains. This is one of Safari...
DOHA: Pakistan International School Qatar (PISQ) commemorated Iqbal Day with great passion, respect, and national pride across all its wings, paying t...
Islamic Cultural Center holds lecture on youth empowerment in Islam at Mesaieed International School
Doha, Qatar: With the attendance of 210 students, the Sheikh Abdulla Bin Zaid Al Mahmoud Islamic Cultural Center organised a lecture entitled Youth E...
Doha, Qatar: The Ministry of Public Health (MoPH) has carried out an extensive inspection campaign that included a number of restaurants, cafes, and l...
Washington, USA: Amazon and Google announced the launch of a multi cloud networking service, jointly developed to meet the growing demand for reliable...
Doha, Qatar: Twenty students from the Community College visited the Sheikh Abdulla Bin Zaid Al Mahmoud Islamic Cultural Center, where they learned abo...
London, UK: The Winter egg, one of Faberge s most dazzling creations, is due to be auctioned in London next week and set another sales price record fo...