Medical and Hospital News
ROBO SPACE
UK probes Microsoft-OpenAI partnership
UK probes Microsoft-OpenAI partnership
by AFP Staff Writers
London (AFP) Dec 8, 2023

Britain's competition watchdog announced on Friday that it was looking into whether a partnership between US tech giant Microsoft and artificial intelligence developer OpenAI resembles a merger.

The Competition and Markets Authority (CMA) said it was seeking comments from "the parties and interested third parties".

It wants to know if the partnership "including recent developments" has "resulted in a relevant merger situation and, if so, the impact that the merger could have on competition in the UK".

Microsoft announced at the end of November that a representative of the software titan had been given a seat on the startup's board as an observer.

That came just days after OpenAI was thrown into tumult on November 17 when the company's board fired CEO Sam Altman only to hire him back a few days later when staff and investors rebelled.

The CMA explained that criteria that meets a "relevant merger situation" can include "the acquisition of a minority shareholding or, in some circumstances, commercial arrangements such as outsourcing arrangements".

The CMA recently noted that the rapid development of AI presented both opportunities and risks for competition and consumer protection, and emphasised "the need for sustained competition" between players in the sector.

In a statement sent to AFP, Microsoft president Brad Smith said: "Since 2019, we've forged a partnership with OpenAI that has fostered more AI innovation and competition, while preserving independence for both companies."

"The only thing that has changed is that Microsoft will now have a non-voting observer on OpenAI's board, which is very different from an acquisition such as Google's purchase of DeepMind in the UK.

"We will work closely with the CMA to provide all the information it needs," he added.

The CMA in October approved Xbox maker Microsoft's $69-billion acquisition of Activision Blizzard, whose video games include "Call of Duty" and "Candy Crush", after earlier blocking the deal over competition concerns.

ode/pdh/imm

MICROSOFT

GOOGLE

ACTIVISION BLIZZARD

KING DIGITAL ENTERTAINMENT

Related Links
All about the robots on Earth and beyond!

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
ROBO SPACE
AI accelerates problem-solving in complex scenarios
Boston MA (SPX) Dec 06, 2023
While Santa Claus may have a magical sleigh and nine plucky reindeer to help him deliver presents, for companies like FedEx, the optimization problem of efficiently routing holiday packages is so complicated that they often employ specialized software to find a solution. This software, called a mixed-integer linear programming (MILP) solver, splits a massive optimization problem into smaller pieces and uses generic algorithms to try and find the best solution. However, the solver could take hours ... read more

ROBO SPACE
Radioactivity detected in Fukushima worker's nose

France calls Dubai deal a 'victory' on climate and nuclear

Seychelles starts clean-up after massive blast, floods

Tekniam and Rivada Collaborate to Enhance Emergency Communications and Disaster Recovery

ROBO SPACE
Airbus presents first flight model structure for Galileo Second Generation

Galileo Gen2 satellite production commences at Airbus facility

Galileo Second Generation satellite aces first hardware tests

PASSport project testing

ROBO SPACE
Smoking shrinks brain, says study linking cigarettes to Alzheimer's, dementia

Wild birds analyze grunts, whistles made by human honey-hunters

Languages are louder in the tropics

New Archaeological Discoveries Shed Light on Austronesian Migration

ROBO SPACE
Singapore bids farewell to China-bound panda cub

Climate change, human activity add nearly 2,000 species to threatened list

Green turtles fight to survive against Pakistan's urban sprawl

Wellington welcomes first wild-born kiwi chicks in a century

ROBO SPACE
Chinese laud 'great' Gao Yaojie, dissident doctor and AIDS whistleblower

Cholera claims 23 lives in Ethiopia: charity

Climate change could upturn world malaria fight: WHO

Suffering from flu, Pope Francis cancels COP28 trip

ROBO SPACE
China arrests former top bank official for bribery

China blasts UK's 'malicious intentions' after Cameron meets Hong Kong dissident

Hong Kong holds first 'patriots only' local elections

Philippines summons Chinese envoy over maritime confrontations

ROBO SPACE
Australian, American charged with running crypto Ponzi scheme

Bitzlato founder pleads guilty to running 'criminal' US crypto exchange

US detained five who boarded tanker off Yemen: Pentagon

The fallen kings of crypto

ROBO SPACE
Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.