This meeting comes after UK antitrust authorities sought opinions on the implications of partnerships between Microsoft, Amazon, and smaller AI model developers. The UK's Competition and Markets Authority is determining whether these business dealings should be classified as mergers. Meanwhile, Mistral AI is reportedly exploring a funding round that could value it at $5 billion, after being valued at $2 billion in a previous funding round.
Key takeaways:
- The EU's antitrust chief, Margrethe Vestager, held discussions with representatives from the French AI firm Mistral AI, expressing concern about Big Tech companies’ investments in AI startups.
- Microsoft has invested in Mistral AI and OpenAI, while Amazon and Google have invested in Anthropic.
- British antitrust authorities are soliciting opinions on the implications of partnerships between Microsoft and Amazon and smaller generative AI model developers, with a deadline for stakeholder input set for May 9.
- Mistral AI is reportedly exploring a funding round that would value it at $5 billion, after being valued at $2 billion in a previous funding round that raised $415 million in December.