CMA sets out principles for responsible AI development 

The Competition and Markets Authority (CMA) has set out its principles to ensure the responsible development and use of foundation models (FMs).

FMs are versatile AI systems with the potential to revolutionise various sectors, from information access to healthcare. The CMA's report, published today, outlines a set of guiding principles aimed at safeguarding consumer protection and fostering healthy competition within this burgeoning industry.

Foundation models – known...

19 September 2023 | Artificial Intelligence

Nvidia attempts to alleviate Arm merger concerns in CMA response

The UK’s Competition and Markets Authority (CMA) has published responses from Nvidia and Arm that aim to alleviate concerns around their proposed merger.

Nvidia announced plans to acquire Cambridge-based Arm back in September 2020 in a deal worth $40 billion. As two of the biggest names in chip manufacturing, the deal naturally caught the attention of competition regulators around the world.

In November 2021, UK Digital Secretary Nadine Dorries decided to block the...

11 January 2022 | NVIDIA

FTC steps in to block Nvidia’s $40B acquisition of Arm

America’s Federal Trade Commission (FTC) has become the first regulator to sue to block Nvidia’s acquisition of British chip designer Arm.

Arm plays a critical role in the global technology supply chain with its designs used for edge AI chips and processors for smartphones, tablets, desktops, and servers.

It’s of little surprise that Nvidia wants to bring Arm under its wing and is willing to pay $40 billion (£29 billion) for it.

Global regulators,...

3 December 2021 | Legislation & Government

UK Digital Secretary orders ‘Phase Two’ probe into Nvidia-Arm merger

UK Digital Secretary Nadine Dorries has ordered a “Phase Two” probe into the proposed £29 billion merger between Nvidia and Arm.

The CMA (Competition & Markets Authority) has been investigating whether the deal is anti-competitive. In August, it declared the deal does indeed raise “serious competition concerns”.

Arm founder Hermann Hauser went further and suggested the merger would amount to “surrendering the UK’s most powerful trade weapon to the...

17 November 2021 | Legislation & Government

Nvidia-Arm merger in doubt as CMA has ‘serious’ concerns

The proposed merger between Nvidia and British chip technology giant Arm is looking increasingly doubtful as the CMA (Competition & Markets Authority) believes the deal “raises serious competition concerns”.

A $40 billion merger of two of the biggest names in chip manufacturing was always bound to catch the eye of regulators, especially when it’s received such vocal opposition from around the world.

Hermann Hauser, Founder of Arm, even suggested that...

23 August 2021 | Companies

UK considers blocking Nvidia’s $40B acquisition of Arm

Bloomberg reports the UK is considering blocking Nvidia’s $40 billion acquisition of Arm over national security concerns.

Over 160 billion chips have been made for various devices based on designs from Arm. In recent years, the company has added AI accelerator chips to its lineup for neural network processing.

In the wake of the proposed acquisition, Nvidia CEO Jensen Huang said:

“ARM is an incredible company and it employs some of the greatest engineering...

4 August 2021 | Companies