UK watchdog drops competition review of Microsoft's OpenAI deal

Britain’s contention watchdog says it has dropped its reappraisal of Microsoft’s concern with OpenAI

LONDON -- Britain's contention watchdog said Wednesday it has dropped its reappraisal of Microsoft's concern with OpenAI, saying it's satisfied that the woody doesn't request a person probe nether the country's merger rules.

The Competition and Markets Authority said that based connected “available evidence," the concern betwixt the U.S. tech elephantine and the ChatGPT shaper doesn't suffice for a merger investigation.

“In peculiar the CMA does not see determination has been a alteration of power by Microsoft from worldly power to de facto power implicit OpenAI,” the watchdog said successful a statement.

Microsoft was a large archetypal backer of OpenAI, plowing billions of dollars into the San Francisco-based startup successful its aboriginal days. But since past OpenAI has attracted different big investors including Japan's Softbank and chipmaker Nvidia aft its occurrence with ChatGPT.

The CMA has stepped up scrutiny of AI deals amid a question of concern from Big Tech companies into startups moving connected generative artificial intelligence. Last twelvemonth it approved different Microsoft deal involving Inflection AI arsenic good arsenic partnerships with chatbot shaper Anthropic by Google and Amazon.