UK's CMA Rejects Probe into Microsoft-Mistral AI Tie-up

UK's CMA Rejects Probe into Microsoft-Mistral AI Tie-up
TT

UK's CMA Rejects Probe into Microsoft-Mistral AI Tie-up

UK's CMA Rejects Probe into Microsoft-Mistral AI Tie-up

Britain's competition watchdog said on Friday it would not investigate the partnership between Microsoft and Mistral AI, weeks after it invited views on the tie-up.

In February, Microsoft invested $16 million in Mistral AI, partnering to make the French start-up's artificial intelligence models available through its Azure platform. It has also invested in ChatGPT owner OpenAI.

The Competition and Markets Authority (CMA) said the Mistral partnership did not qualify for investigation under Britain's merger regulations. "The CMA has considered information submitted by Microsoft and Mistral AI, together with feedback received in response to its invitation to comment," a CMA spokesperson said, Reuters reported.

"Based on the evidence, the CMA does not believe that Microsoft has acquired material influence over Mistral AI as a result of the partnership and therefore does not qualify for investigation."

The CMA in April sought comments on the partnership, as well as separate links between Microsoft and Inflection AI and a tie-up between Amazon and Anthropic.

A Microsoft spokesperson said: "Investment and partnership are essential to new players in the AI economy.

"We welcome the CMA's determination that our fractional investment and partnership with Mistral AI does not qualify as a merger or acquisition."

European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met Mistral AI last month. "We need vibrant competition in AI, now," she wrote on X after the meeting.



Google to Open Second Data Center in Latin America, to Invest Over $850 Mln 

The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
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Google to Open Second Data Center in Latin America, to Invest Over $850 Mln 

The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)

Alphabet's Google said on Thursday it will open its second data center in Latin America in the Uruguayan city of Canelones and invest more than $850 million in it.

Google opened its first data center in Latin America in Quilicura, which is near Santiago, the capital city of Chile, in 2015. It invested an initial amount of $150 million in the data center and spent an additional $140 million in 2018 for expansion.

"We hope our new data center in Canelones will be a significant contribution to the professional and technological development of Uruguay and the entire region," Google said in a blog post.

Reuters reported on Thursday that Google is considering building a "hyperscale" data center close to Ho Chi Minh City in Vietnam and that the center would be ready in 2027.

In April, Google announced a $3 billion investment to set up a data center campus in Indiana and expand sites in Virginia. Google also said in May that it will invest $2 billion in Malaysia to develop its first data center and Google Cloud region in the country.