Britain’s Competition Regulator Blocks Microsoft’s Acquisition of Activision Blizzard

Britain’s top competition regulator moved to block Microsoft’s $69 billion acquisition of video game publisher Activision Blizzard. The measure marks a significant blow for the US tech company, as it seeks to convince authorities that it will benefit competition. Microsoft said it will appeal the decision. Shares of Activision Blizzard declined more than 8% in early US trading. The…

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Amazon CEO Says, Really Good AI Models Take Billions of Dollars to Train

Amazon is introducing a cloud service Bedrock that developers can utilize to enhance their software with AI systems that can generate text, similar to the ChatGPT chatbot powered by OpenAI. The recent announcement indicates that the largest cloud infrastructure provider would not leave a trending AI growth area to competitors like Google and Microsoft. Through its new Bedrock generative AI…

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