<ul><li>The UK Competition and Markets Authority (CMA) has expressed concerns about AI foundation models controlled by a small number of tech firms.</li><li>The CMA has identified an interconnected web of over 90 partnerships and strategic investments involving firms like Google, Apple, Microsoft, Meta, Amazon, and Nvidia.</li><li>CMA CEO Sarah Cardell highlighted the need to harness AI technology for the benefit of all while safeguarding against market power exploitation and unintended consequences.</li><li>The CMA proposed seven guiding principles to ensure access, diversity, choice, fair dealing, transparency, and accountability in AI foundation models.</li></ul>

UK Regulator Flags Competition Risks Of AI Foundation Models

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