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Here's your TNB Tech Minute for Tuesday, November 19th. I'm Belle Lin for the Wall Street Journal. Antitrust officials in the UK say they will not open an in depth investigation into Google's investment in the artificial intelligence startup and threat. The decision removes pressure from the California tech giant to justify the partnership to regulators. The Competition and Markets Authority launched a merger inquiry last month to establish whether Google's investment and its partnership with the startup posed a threat to competition in the country. Officials concluded the partnership doesn't qualify for investigation under Britain's merger provisions. It's not just Google and Anthropic. Though deals between US Tech giants and AI startups have been increasingly under the microscope on both sides of the Atlantic since late 2022, the coming wave of AI usage won't just strain data centers and power grids, it will also stress the country's network capabilities. That's because more people will use AI, chatbots and agents, and all that requires upgraded networking. That can involve an entire revamp of networking equipment, plus new software tools and working with Internet providers to increase capacity. Those upgrades will push the global data center networking market from roughly $35 billion to nearly $119 billion by 2033. That's according to market research firm Straits Research. And as investors gear up for chipmaker Nvidia's earnings tomorrow, they may be surprised to learn that AI is also playing a role in earnings day prep. Investor relations departments at companies such as the shoe brand Skechers have begun using generative AI to help prep their earnings. Some have also used the tech to predict the questions analysts might ask. 44% of investor relations professionals have already put AI into their company's IR programs, mostly to create written content, according to an IR professional group. For a deeper dive into what's happening in tech, check out Wednesday's Tech News Briefing podcast.
