Reported 11 months ago
The US Justice Department and the Federal Trade Commission have reached an agreement to potentially investigate Microsoft, OpenAI, and Nvidia for their dominant roles in the AI industry. Microsoft and Nvidia's market dominance has raised concerns over concentration and antitrust violations. While OpenAI's parent is a nonprofit, Microsoft holds a significant stake in it. The regulators will focus on whether Nvidia, OpenAI, and Microsoft have violated antitrust laws, with the FTC examining OpenAI and Microsoft, and the DOJ focusing on Nvidia. The investigations come amid increasing scrutiny over Big Tech's influence in AI and concerns over data access, generative AI's impact, and potential anti-competitive partnerships.
Source: YAHOO