CMA raises red flag over competition concerns in AI foundation models

CEO expressed worries over Big Tech's capacity and motivation to skew Foundation Model markets

clock • 3 min read
CMA raises red flag over competition concerns in AI foundation models
Image:

CMA raises red flag over competition concerns in AI foundation models

The UK's Competition and Markets Authority (CMA) has raised concerns about competition in the AI Foundation Models (FMs) market.

During a speech in Washington DC, CMA CEO Sarah Cardell highlighted the challenges arising from the growing dominance of a few major Big Tech companies and their potential to manipulate the market ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Apple releases eight OpenELM AI small language models for on-device use

Mobile Software

Proof-of-concept AI models from Apple come just days after the release of Microsoft’s Phi-3

clock 29 April 2024 • 2 min read
Microsoft, Google and Snap report strong quarterly results, IBM and Intel less so

Finance and Reporting

Microsoft and Google see AI investments bearing fruit

clock 26 April 2024 • 4 min read
Big Tech's AI spending spree worries investors

Artificial Intelligence

Zuckerberg says building a leading AI system will take several years and require significant investment

clock 26 April 2024 • 3 min read

More on Artificial Intelligence

GenAI at the heart of AWS Summit

GenAI at the heart of AWS Summit

AWS has gone all in on GenAI – and so have its customers

Penny Horwood
clock 26 April 2024 • 4 min read
Big Tech's AI spending spree worries investors

Big Tech's AI spending spree worries investors

Zuckerberg says building a leading AI system will take several years and require significant investment

clock 26 April 2024 • 3 min read
Microsoft launches Phi-3 Mini language model

Microsoft launches Phi-3 Mini language model

Small enough to be deployed on a phone

clock 24 April 2024 • 3 min read