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Microsoft's Inflection Acquihire Is Too Small To Matter, Say UK Regulators
The Register's Brandon Vigliarolo reports: Microsoft's "acquihire" of Inflection AI was today cleared by UK authorities on the grounds that the startup isn't big enough for its absorption by Microsoft to affect competition in the enterprise AI space. The Competition and Markets Authority (CMA) conf...
The Competition and Markets Authority (CMA) confirmed the conclusion of its investigation by publishing a summary of its decision. While the CMA found that Microsoft's recruitment of Inflection co-founders Mustafa Suleyman and Karen Simonyan, along with other Inflection employees, in March 2024 to lead Microsoft's new AI division did create a relevant merger situation, a bit of digging indicated everything was above board. As we explained when the CMA kicked off its investigation in July, the agency's definition of relevant merger situations includes instances where two or more enterprises have ceased to be distinct, and when the deal either exceeds 70 million pounds or 25 percent of the national supply of a good or service.
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