The British regulator fears the monopolization of the AI market by six US corporations
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UK Competition and Markets Authority (CMA) worried an “interconnected network” of investments and partnerships by American technology corporations in the field of creating AI. According to the British regulator, this could lead to monopolization of the market on their part.
The regulator is concerned about the activity of six American corporations – Google, Apple, Microsoft, Nvidia, Amazon and Meta (recognized as an extremist organization in the Russian Federation and banned). According to the CMA, the companies in question have sufficient computing resources, data volumes and talent to both develop core AI models and deploy them, given that they each hold “key access points” to the market, such as applications and platforms.
As noted Bloomberg, the regulator is concerned not so much about the multibillion-dollar investments of companies in infrastructure and technology for the development of AI, but rather about the large number of investment deals that overlap with each other. Thus, Microsoft is the largest sponsor of OpenAI, and also invested in the French Mistral, and recently hired most of the team from Inflection AI. Google, which owns the DeepMind laboratory, has invested in OpenAI competitor Anthropic. Amazon also invested in it. And chip manufacturer Nvidia, which holds a leading position in the AI semiconductor market, has already invested in dozens of startups, including Cohere. Such transactions usually escape the attention of regulators, since they are not a merger of large players in the market. “We now have real concerns, following greater understanding and close monitoring of developments,” said CMA chief executive Sarah Cardell.
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