US agencies will take their bribes and do jack shit. As with everything else, Europe will lead on the regulatory front.
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The US Justice Department and Federal Trade Commission reportedly plan investigations into whether Nvidia, Microsoft, and OpenAI are snuffing out competition in artificial intelligence technology.
The agencies' agreement "allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI, and Nvidia play in the artificial intelligence industry, in the strongest sign of how regulatory scrutiny into the powerful technology has escalated," the NYT wrote.
Jonathan Kanter, the assistant attorney general in charge of the DOJ's antitrust division, discussed the agency's plans in an interview with the Financial Times this week.
The DOJ's examination of the sector encompasses "everything from computing power and the data used to train large language models, to cloud service providers, engineering talent and access to essential hardware such as graphics processing unit chips," the FT wrote.
The FTC is investigating whether Microsoft structured the deal "to avoid a government antitrust review of the transaction," The Wall Street Journal reported today.
"Companies are required to report acquisitions valued at more than $119 million to federal antitrust-enforcement agencies, which have the option to investigate a deal's impact on competition," the WSJ wrote.
Microsoft is dominant in way more than AI. Are there any other antitrust cases running against them? This can't be the only one...
Anti Commercial-AI license
LOL
US agencies will take their bribes and do jack shit. As with everything else, Europe will lead on the regulatory front.
🤖 I'm a bot that provides automatic summaries for articles: ::: spoiler Click here to see the summary The US Justice Department and Federal Trade Commission reportedly plan investigations into whether Nvidia, Microsoft, and OpenAI are snuffing out competition in artificial intelligence technology.
The agencies' agreement "allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI, and Nvidia play in the artificial intelligence industry, in the strongest sign of how regulatory scrutiny into the powerful technology has escalated," the NYT wrote.
Jonathan Kanter, the assistant attorney general in charge of the DOJ's antitrust division, discussed the agency's plans in an interview with the Financial Times this week.
The DOJ's examination of the sector encompasses "everything from computing power and the data used to train large language models, to cloud service providers, engineering talent and access to essential hardware such as graphics processing unit chips," the FT wrote.
The FTC is investigating whether Microsoft structured the deal "to avoid a government antitrust review of the transaction," The Wall Street Journal reported today.
"Companies are required to report acquisitions valued at more than $119 million to federal antitrust-enforcement agencies, which have the option to investigate a deal's impact on competition," the WSJ wrote.
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