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Amazon’s £3bn AI Anthropic investment investigated by UK regulator
Aug 9, 2024
Amazon’s $3 billion investment in Anthropic, an artificial intelligence research company, is under investigation by the UK’s financial regulator, the Financial Conduct Authority (FCA).
The FCA has launched a probe into whether Amazon’s acquisition of a significant stake in Anthropic complies with UK financial regulations. This move follows concerns about the potential impact of large tech companies on the financial markets and the need for transparency in such transactions.
The investigation aims to ensure that Amazon’s actions align with the principles of fair and transparent market practices.
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