Key Takeaways The European Commission said it would not be investigating possible antitrust violations related to Microsoft's agreement with AI startup Inflection AI.Officials said their decision came as seven member nations of the European Union withdrew their initial requests for a probe.

Microsoft's (NASDAQ:MSFT) hiring of Inflection AI employees will not be investigated, the European Union's antitrust agency said on Wednesday. The European Commission said seven countries withdrew their initial request to review the deal under Article 22 of the EU Merger Regulation,

EU antitrust regulators will not take action against Microsoft's hiring of artificial intelligence startup Inflection's staff including its co-founders after seven EU countries dropped their requests asking their bigger peer to examine the deal,

According to Reuters, Microsoft agreed to pay approximately $650 million as part of the deal, gaining access to Inflection's AI models and enabling the startup to reimburse its investors.

UK regulators clear Microsoft’s hiring of Inflection AI staff, ruling no harm to competition. Tech giants like Amazon and Google boost AI investments.