Anthropic says DOJ proposal in Google search case could chill AI investment

Share via:


The US Department of Justice’s proposals to increase competition against Alphabet’s Google in online search could chill artificial intelligence investments, AI startup and Google partner Anthropic said on Friday. Requiring Google to give the DOJ advance notice of its proposed AI investments and partnerships would create a “significant disincentive” for Google to invest in smaller AI companies and likely deter such investments altogether, Anthropic said in court papers filed in Washington.

Google holds a minority stake worth billions of dollars in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Anthropic says DOJ proposal in Google search case could chill AI investment


The US Department of Justice’s proposals to increase competition against Alphabet’s Google in online search could chill artificial intelligence investments, AI startup and Google partner Anthropic said on Friday. Requiring Google to give the DOJ advance notice of its proposed AI investments and partnerships would create a “significant disincentive” for Google to invest in smaller AI companies and likely deter such investments altogether, Anthropic said in court papers filed in Washington.

Google holds a minority stake worth billions of dollars in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Reuters’ X account withheld in India

SynopsisReuters' X account has been withheld in India...

Reuters’ official X account blocked in India amid legal...

India blocked access to the official X (formerly...

MLS Season Pass is now 50% off

The MLS Season Pass price is now $49...

Popular

Upcoming Events

IPTV IPTV IPTV IPTV IPTV IPTV IPTV