Britain's competition watchdog said Friday that it's clearing Amazon's partnership with artificial intelligence company Anthropic because the $4 billion deal didn't qualify for further scrutiny.
The Competition and Markets Authority approval comes after it started looking into the deal, part of wider global scrutiny for the wave of investment from Big Tech companies into leading startups working on generative AI technology.
"We welcome the UK's Competition and Markets Authority decision acknowledging its lack of jurisdiction regarding this collaboration," Amazon said in a statement. "By investing in Anthropic, we're helping to spur entry and competition in generative AI."
Under the deal, Anthropic is using Amazon Web Services as its primary cloud provider and Amazon's custom chips to build, train and deploy its AI models.
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