Google's $2B Investment in Anthropic Under Scrutiny, UK Opens Competition Inquiry

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U.K.antitrust officials announced they are investigating whether Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s investment in AI startup Anthropic could harm competition.

Also Read: Intel Triumphs In 15-Year Legal Battle, EU Court Rejects Record Antitrust Penalty

A decision on whether further investigation is needed is expected by December 19.Since OpenAI’s ...

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: AMZN GOOG Eurozone US0231351067 News AI Generated Media GOOGL AI Tech Artificial intelligence Benzinga US38259P7069 Top Stories Briefs Government US38259P5089

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 18:57:24 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 301 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23228696

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