Microsoft is facing a full regulatory probe in the U.K. after the tech giant hired the core team behind Inflection AI, a U.S.-based OpenAI rival Microsoft had previously invested in. The Competition and Markets Authority (CMA) today announced that it’s launching a “phase 1” merger inquiry, which kicks off a 40-working day investigative period where it […]
UK probes Amazon and Microsoft over AI partnerships with Mistral, Anthropic, and Inflection
The U.K.’s Competition and Markets Authority (CMA) is launching preliminary enquiries into whether the close-knit tie-ups and hiring practices involving Microsoft, Amazon and a trio of AI startups falls within the scope of its merger rules — and whether the arrangements could impact competition in the U.K. market. The announcement comes amid growing scrutiny of […]
Microsoft AI gets a new London hub fronted by former Inflection and Deepmind scientist Jordan Hoffmann
Microsoft has announced a new London hub for its recently unveiled consumer AI division. It will be fronted by Jordan Hoffmann, an AI scientist and engineer Microsoft recently picked up from high-profile AI startup Inflection AI, which Microsoft invested in last year. The news comes some three weeks after Microsoft CEO Satya Nadella unveiled a new […]
Here’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised
Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the co-founders, much of the staff and the rights to use the tech hasn’t been publicly revealed. And Microsoft declined comment when asked. But unnamed sources tell The Information that it’s plunking out approximately […]
After raising $1.3B, Inflection got eaten alive by its biggest investor, Microsoft
In June 2023, Inflection announced it had raised $ 1.3 billion to build what it called “more personal AI.” The lead investor was Microsoft. Today, less than a year later, Microsoft announced that it was essentially eating Inflection alive (though I think they phrased it differently). Co-founders Mustafa Suleyman and Karén Simonyan will go to […]