From The Guardian: 2024-06-06 16:12:00

US regulators have agreed to investigate Microsoft, OpenAI, and Nvidia for potential antitrust violations in the AI industry. The DoJ will probe Nvidia for possible antitrust violations, while the FTC focuses on OpenAI and Microsoft, especially concerning a recent deal with startup Inflection AI. This comes as Nvidia’s valuation hit $3tn, surpassing Apple.

The FTC and DoJ have struck a deal to investigate major players in the AI market, with the DoJ focusing on Nvidia and the FTC scrutinizing OpenAI and Microsoft. Microsoft hired Inflection AI’s CEO, prompting an investigation into potential antitrust concerns. Regulators are acting swiftly to prevent tech companies from monopolizing the market.

The collaboration between the DoJ and FTC signals a more cooperative approach under the Biden administration in tackling anticompetitive behavior in the AI sector. Microsoft expressed confidence in complying with antitrust laws related to the Inflection agreement, while the FTC, DoJ, Nvidia, and OpenAI declined to comment. The agencies view AI as the next frontier of antitrust issues.



Read more at The Guardian: Microsoft, OpenAI and Nvidia investigated over monopoly laws | Technology sector