Announced on October 24th nameAccording to , the CMA began a preliminary investigation after obtaining “sufficient information” about Google’s investment, which was first announced last year. The initial investment was $500 million, and the remaining amount was scheduled to be invested later. It was planned to announce whether the second stage of in-depth investigation would proceed by December 19th, but the review process was brought forward.
Scott Bickley, a consulting researcher at Info-Tech Research Group, said that when the initial survey was released, it appeared to be “overall a precautionary investigation.” Bigley explained that this judgment was related to the fact that the CMA recently approved Amazon’s investment and partnership in Antropic.
Last March, Amazon invested an additional $2.75 billion in Antropic, bringing its total investment to $4 billion. Under its partnership with Amazon, Antropic will use AWS as its primary cloud provider for its core operations, particularly AI safety research and foundation model development. They also announced that they plan to build, train, and deploy models in the future using AWS’s Trainium and Inferentia chips.
The CMA’s ruling on AWS’s investment was made on September 27, and the CMA determined that “the relevant merger circumstances did not exist.”
Last month, Phil Bruncard, senior advisor at the British Infotech Research Group, said, “Both Google and Amazon are trying to compete with Open AI. It’s interesting that the CMA is focusing on Google now that Amazon has the green light. “There are questions about consistency,” he pointed out.
“While the investigation may create some uncertainty, Amazon’s clearance suggests that Google is likely to achieve similar results,” Bruncard said at the time. “It is highly likely that such investments will continue in the future,” he said.
Bruncard said the CMA’s decision to invest in Google was not surprising. “The CMA has carefully reviewed the criteria and confirmed in its latest report that these criteria have been met. “It is important that the CMA continues its consistent approach to ensuring fair and competitive markets.”
In particular, Bruncard mentioned the importance of regulation in the AI market and added, “The AI market is evolving rapidly, and the impact of investments by large companies such as Google and Amazon on the market is significant.”
The CMA said it would begin an initial review of the AI systems market in May 2023 and focus on three key areas. Specifically, ▲How will the competitive market evolve for foundation models and how they can be used? ▲What opportunities and risks such a scenario will bring to competition and consumer protection? ▲As AI models evolve, they will be introduced to support competition and protect consumers. It’s about what guidelines to follow.
The CMA added that the review was consistent with the UK government’s aim to support “open and competitive markets”.
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Source: www.itworld.co.kr
