U.S. gearing up to investigate Microsoft, Nvidia, and OpenAI for antitrust violations
From The Washington Post: 2024-06-06 12:28:00
U.S. antitrust enforcers are gearing up to take on tech giants dominating artificial intelligence, with plans for probes into Microsoft, OpenAI, and Nvidia. This deal marks a pivotal moment in regulating AI conduct as companies continue to shape the evolving technology landscape.
The FTC and DOJ reached a deal to allocate investigations, with the DOJ focusing on Nvidia’s AI chip advantages, propelling them to second-largest publicly traded company status. Conversely, the FTC will investigate Microsoft’s $650 million deal with Inflection and OpenAI’s popular ChatGPT chatbot.
Amidst investigations, Microsoft faces scrutiny for potential antitrust violations in its acquisition of Inflection, raising concerns about evading regulatory reviews. With significant mergers exceeding $119 million, federal agencies are closely monitoring compliance with reporting obligations. Microsoft defends its practices, emphasizing adherence to regulatory requirements.
Nvidia and OpenAI have not provided comments on the investigations, maintaining a low profile amidst escalating antitrust concerns in the AI sector. The ongoing scrutiny and investigations by both federal agencies highlight escalating regulatory challenges facing AI companies in the United States.
Read more at The Washington Post: U.S. sets stage for antitrust offensive of AI giants Microsoft, Nvidia, OpenAI