Reported about 1 year ago
A recent report revealed that Microsoft is facing antitrust investigations alongside OpenAI and Nvidia from the FTC and DOJ regarding their influence on the AI industry. The investigations are focusing on company conduct rather than mergers and acquisitions. The article discusses the rapid advancement of AI technology and the concerns surrounding it, including a lack of oversight and whistleblower protections. Despite the controversy, Wall Street analysts like Oppenheimer remain positive, with Oppenheimer raising Microsoft's price target to $500 and maintaining an outperform rating on its shares.
Source: YAHOO