Technology

Microsoft's $13bn OpenAI Deal Finally Gets the Green Light

The UK's Competition and Markets Authority (CMA) has cleared Microsoft’s $13 billion partnership with OpenAI, concluding it poses no threat to competition. The CMA found no relevant merger situation, despite initial concerns over Microsoft’s influence and political pressure.
X64.AI
X64.AI
1 min read
Microsoft's $13bn OpenAI Deal Finally Gets the Green Light

🇬🇧 UK CMA clears Microsoft's $13bn deal with OpenAI after review. Concerns over influence & govt pressure, but CMA deems partnership healthy. #TechNews #AIInvestment 🤔🔍

  1. The UK CMA cleared Microsoft's $13 billion investment in OpenAI, dismissing it from needing a full merger investigation.
  2. Despite Microsoft's significant involvement, it doesn't exert full control over OpenAI, warranting no anti-competitive concerns.
  3. Critics suggest political pressure influenced the CMA's decision to focus on economic growth.

Source: Staff, Techradar: UK regulator clears Microsoft’s $13bn deal with OpenAI after lengthy delay.

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