From APA: 2024-06-29 01:53:14

EU antitrust regulators are investigating Microsoft’s $13 billion investment in OpenAI due to the AI firm’s exclusive use of Microsoft’s Azure cloud services. Margrethe Vestager is expected to question competitors and customers, potentially leading to formal investigations, practice changes, or fines if anti-competitive behavior is found. This scrutiny is part of broader concerns about power balance and competition in AI and cloud computing markets. The EU’s review is joined by similar inquiries from the UK’s Competition and Markets Authority and the US Federal Trade Commission.



Read more at APA: Microsoft’s $13 billion OpenAI pact faces extra EU scrutiny