Microsoft Avoids UK Antitrust Investigation Into Acquisition Of 'Certain Assets' From Inflection AI
Portfolio Pulse from Ananya Gairola
Microsoft has avoided a UK antitrust investigation into its acquisition of certain assets from Inflection AI. The UK's Competition and Markets Authority (CMA) determined that the acquisition does not substantially lessen competition. Microsoft has recruited several key employees from Inflection AI, including Mustafa Suleyman, to strengthen its AI division.
September 05, 2024 | 2:09 am
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Microsoft has successfully avoided a UK antitrust investigation regarding its acquisition of assets from Inflection AI. The CMA found no substantial competition threat, allowing Microsoft to continue its strategic AI expansion.
The CMA's decision not to pursue an antitrust investigation removes a potential regulatory hurdle for Microsoft, allowing it to continue its strategic expansion in AI. This is likely to be viewed positively by investors, as it suggests regulatory approval of Microsoft's growth strategy in the AI sector.
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