Tag: Technology Investments
Investigation of UK Regulator into Amazon’s £3bn AI Anthropic Investment
The UK's competition regulator has launched an inquiry into Amazon's investment of over £3bn into an artificial intelligence (AI) startup as regulators ramp up their scrutiny of mergers involving the fast-growing technology. The deal,...
Revolutionary Supercomputer and AI Projects Lose £1.3bn Funding
Labour has decided to withdraw £1.3 billion in funding for tech and AI projects that were initially promised by the Tories. The Department for Science, Innovation, and Technology (DSIT) stated that the funding, which...