Friday, September 27, 2024

The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue did not meet needed limits (Katharine Gemmell/Bloomberg)

Katharine Gemmell / Bloomberg:
The UK CMA rules that Amazon's $4B Anthropic deal does not qualify for an investigation under merger laws as Anthropic's UK revenue did not meet needed limits  —  The Competition and Markets Authority said Friday that the tie-up did not qualify for an investigation under merger laws.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...