Microsoft’s $13 Billion OpenAI Tie-Up Cleared by UK’s Competition and Markets Authority
Microsoft’s $13-billion (roughly Rs. 1,13,164 crore) investment into OpenAI Inc. was cleared by the UK’s antitrust watchdog, ending months of uncertainty over the tie-up. The Competition and Markets Authority said that the 2023 deal doesn’t qualify for a full investigation under merger rules. The CMA said in 2023 it intended to look at whether the partnership gave … Read more