Amazon's Investment Into AI Startup Anthropic Faces U.K. Scrutiny

By Mauro Orru

U.K. antitrust officials are probing whether Amazon.com's multi-billion-dollar investment in artificial-intelligence startup Anthropic poses a threat to competition.

The U.K's Competition and Markets Authority said it was seeking to establish whether Amazon's ties with Anthropic should be considered a de facto merger that might stifle competition in the U.K. An initial decision is due by Oct. 4.

Amazon didn't immediately respond to a request for comment. Amazon had invested about $4 billion in Anthropic by the end of March.

Write to Mauro Orru at [e-mail]

(END) Dow Jones Newswires

08-08-24 0729ET