Tech Geek on Nostr: US sets stage for antitrust probes into Microsoft, OpenAI and Nvidia The U.S. Justice ...
US sets stage for antitrust probes into Microsoft, OpenAI and Nvidia
The U.S. Justice Department and the Federal Trade Commission have reached a deal that clears the way for potential antitrust investigations into the dominant roles that Microsoft (MSFT.O), OpenAI and Nvidia (NVDA.O), play in the artificial intelligence industry, according to a source familiar with the matter.
The agreement between the two agencies shows regulatory scrutiny is gathering steam amid concerns over concentration in the industries that make up AI. Microsoft and Nvidia not only dominate their industries but are two of the world's biggest companies by market capitalization since Nvidia's market value recently surpassed $3 trillion.
Published at
2024-06-07 11:51:49Event JSON
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