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Microsoft’s $13 Billion OpenAI Investment Cleared by UK Watchdog

Microsoft Corp.’s $13 billion 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 either of the two firms more control and influence over another....

Read more at bloomberg.com

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