Phone : +91 95 8290 7788 | Email : sales@itmonteur.net

Register & Request Quote | Submit Support Ticket

Home » Cyber Security News » Amazon’s $4 bn partnership with AI startup Anthropic gets UK competition clearance – ET CISO

Amazon’s $4 bn partnership with AI startup Anthropic gets UK competition clearance – ET CISO

Amazon’s $4 bn partnership with AI startup Anthropic gets UK competition clearance – ET CISO

https://etimg.etb2bimg.com/thumb/msid-113758554,imgsize-17682,width-1200,height=765,overlay-etciso/corporate/amazons-4-bn-partnership-with-ai-startup-anthropic-gets-uk-competition-clearance.jpg

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.

The watchdog found that San Francisco-based Anthropic’s revenue and its combined market share with Amazon in Britain were not big enough to require an in-depth investigation under the country’s merger rules.

“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.

The British regulator has previously cleared Microsoft’s partnership with French startup Mistral AI as well as its hiring of key staff from another startup, Inflection AI.

The watchdog is still scrutinizing a partnership between Anthropic and Google. Anthropic was founded in 2021 by siblings Dario and Daniela Amodei, who previously worked at ChatGPT maker OpenAI. The company has focused heavily on increasing the safety and reliability of AI models.

The AI deals are also facing scrutiny across the Atlantic, where the Federal Trade Commission is looking into whether they’re helping tech giants gain an unfair advantage in the booming market for AI services.

  • Published On Sep 28, 2024 at 11:45 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETCISO App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App

Information Security - InfoSec - Cyber Security - Firewall Providers Company in India

Juniper Firewall
Cisco Firewall
Checkpoint Firewall
paloalto Firewall
Fortinet Firewall
Forcepoint Firewall

 

Sophos Firewall
WatchGuard Firewall
Barracuda Firewall
Sonicwall Firewall
GajShield Firewall
Seqrite Firewall

 

 

 

 

 

 

 

 

 

 

 

What is Firewall? A Firewall is a network security device that monitors and filters incoming and outgoing network traffic based on an organization's previously established security policies. At its most basic, a firewall is essentially the barrier that sits between a private internal network and the public Internet.

 

Secure your network at the gateway against threats such as intrusions, Viruses, Spyware, Worms, Trojans, Adware, Keyloggers, Malicious Mobile Code (MMC), and other dangerous applications for total protection in a convenient, affordable subscription-based service. Modern threats like web-based malware attacks, targeted attacks, application-layer attacks, and more have had a significantly negative effect on the threat landscape. In fact, more than 80% of all new malware and intrusion attempts are exploiting weaknesses in applications, as opposed to weaknesses in networking components and services. Stateful firewalls with simple packet filtering capabilities were efficient blocking unwanted applications as most applications met the port-protocol expectations. Administrators could promptly prevent an unsafe application from being accessed by users by blocking the associated ports and protocols.

 

Firewall Firm is an IT Monteur Firewall Company provides Managed Firewall Support, Firewall providers , Firewall Security Service Provider, Network Security Services, Firewall Solutions India , New Delhi - India's capital territory , Mumbai - Bombay , Kolkata - Calcutta , Chennai - Madras , Bangaluru - Bangalore , Bhubaneswar, Ahmedabad, Hyderabad, Pune, Surat, Jaipur, Firewall Service Providers in India

Sales Number : +91 95 8290 7788 | Support Number : +91 94 8585 7788
Sales Email : sales@itmonteur.net | Support Email : support@itmonteur.net

Register & Request Quote | Submit Support Ticket

Firewall Firm is a Managed Firewall Security Solution Provider Company in India | Digital Marketing by SEO Company India | Powered by IT Monteur