Microsoft's hiring of employees from artificial intelligence firm Inflection was cleared by the U.K.'s competition regulator on Wednesday.
The U.K. Competition and Markets Authority said Wednesday that Microsoft's deal to acquire "certain assets" from AI company Inflection "does not give rise to a realistic prospect of a substantial lessening of competition as a result of horizontal unilateral effects."The CMA has a separate ongoing probe into Microsoft's multibillion-dollar investment into AI giant OpenAI.
The Competition and Markets Authority said in a statement Wednesday that the U.S. tech giant's deal to acquire "certain assets" from Inflection does count as a "relevant merger situation" in Britain, but that it ultimately "does not give rise to a realistic prospect of a substantial lessening of competition as a result of horizontal unilateral effects.". Suleyman was appointed Microsoft's executive vice president and CEO of Microsoft AI.
However, on Wednesday, the CMA said that, after taking some time to evaluate Microsoft's arrangement with Inflection, it did not find any risk of a substantial lessening of competition. It did, however, maintain its view that the agreement constituted an effective merger.The CMA had not previously spelled out exactly how the hiring of Inflection AI employees could undermine competition.
Microsoft has not publicly revealed any details of a licensing arrangement with Inflection — only that it took on "several members" of the company's 70-person team.reported that the firm paid Inflection $650 million in licensing fees to resell its AI models via its Azure cloud computing platform.
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