The U.K. government is weighing whether to block Nvidia’s $40 billion takeover of Softbank-owned semiconductor designer Arm, following a critical assessment of the deal by the country’s antitrust regulator, according to a Bloomberg report on Tuesday. Last month, the Competition and Markets Authority delivered a report to the U.K. Culture Secretary Oliver Dowden with its assessment of...
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Amazon’s Anthropic Deal Signals Cloud Sector Turbulence
You know the cloud industry is in upheaval when industry leader Amazon Web Services has to copy a tactic used by its smaller rivals to compete more effectively. The Amazon unit’s decision on Monday to invest up to $4 billion in AI startup Anthropic, as part of a broader deal in which AWS becomes the startup’s “primary cloud provider,” looks a lot like the type of equity-for-business deals AWS...
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