UK Probes Microsoft's Hiring of AI Startup Staff
TL;DR Summary
The UK's Competition and Markets Authority (CMA) is investigating whether Microsoft's hiring of key staff from AI start-up Inflection AI constitutes a merger that could reduce competition. Microsoft argues that hiring talent promotes competition and should not be seen as a merger. The CMA will decide by September 11 whether to clear the transaction or proceed with a more in-depth investigation.
- Microsoft's hire of start-up staff probed as possible merger BBC.com
- Microsoft's hiring of staff from AI startup Inflection referred for UK merger probe CNBC
- America Movil's second quarter swings to loss By Reuters Investing.com
- Microsoft Faces U.K. Antitrust Probe Over Ties to Inflection AI The Wall Street Journal
- Microsoft faces UK competition investigation over hiring of AI startup’s founder and key staff The Associated Press
Reading Insights
Total Reads
0
Unique Readers
4
Time Saved
2 min
vs 3 min read
Condensed
87%
475 → 61 words
Want the full story? Read the original article
Read on BBC.com