Amazon’s $4 Billion Anthropic Deal Cleared by UK Watchdog (1)

Amazon.com Inc.’s $4 billion investment pact with AI firm Anthropic was cleared following heightened UK scrutiny into Big Tech’s spending spree on artificial intelligence software.

The Competition and Markets Authority said Friday that the tie-up wouldn’t qualify for an investigation under UK merger laws. It found that Anthropic’s local revenue did not meet threshold limits or have a large enough share of supply in the country.

Amazon has twice invested in the builder of AI tools, which is able to generate text and analysis. As part of the tie-up, Anthropic agreed to use Amazon Web Services data centers to ...