UK Probes Microsoft Over Hiring Inflection AI Staff
TL;DR Summary
The UK's Competition and Markets Authority (CMA) is investigating whether Microsoft's hiring of Mustafa Suleyman and other key employees from AI startup Inflection constitutes a merger that could reduce competition in the AI sector. The CMA will decide by September 11 whether to proceed with a more in-depth "Phase 2" investigation. Microsoft maintains that the hiring promotes competition and is not a merger.
- Microsoft's hiring of staff from AI startup Inflection referred for UK merger probe CNBC
- Microsoft faces UK antitrust investigation over hiring of Inflection AI staff The Verge
- Microsoft (MSFT) Gets UK Merger Probe Over Ex-Inflection Staff Hires Bloomberg
- Microsoft faces UK antitrust probe after hiring Inflection AI founders and employees TechCrunch
- Microsoft faces UK competition investigation over hiring of AI startup’s founder and key staff WKBN.com
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
89%
553 → 63 words
Want the full story? Read the original article
Read on CNBC