UK drops investigation into Microsoft – 2024-05-21 12:24:27

by times news cr

2024-05-21 12:24:27

The British Competitors and Markets Authority (CMA) has accomplished an audit of the partnership of the American Microsoft Corp. with the French synthetic intelligence (AI) startup Mistral and located no motive to launch an official investigation, the regulator stated in a press release, Day.Az experiences just about Interfax.

The CMA reviewed the partnership to find out whether or not it considerably diminished the extent of competitors within the UK market.

In flip, the European Fee (EC) demanded that Microsoft present info on the dangers related to using generative AI within the Bing search engine by Might 27.

On Thursday, the EC additionally introduced that it had launched an official investigation into Fb and Instagram. The investigation additionally issues using algorithms that “can encourage addictive conduct in kids,” the fee stated.

Microsoft shares rose 0.4% in pre-market buying and selling on Friday, whereas Meta shares fell by the identical quantity.

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