Reported 1 day ago
Meta's recent $14.8 billion investment in Scale AI, along with the hiring of its CEO, is a significant test case for how AI partnership deals are viewed under the current regulatory environment. This nonvoting stake avoids direct antitrust scrutiny, but may still attract investigation if perceived as an attempt to limit competition. Critics, including Senator Elizabeth Warren, argue that this deal could violate federal laws aimed at preventing anti-competitive practices, highlighting the complex landscape of AI investments amidst evolving regulatory scrutiny.
Source: YAHOO