TECH - Antitrust Probes Target AI Giants Microsoft Nvidia OpenAI: Report | Benzinga
The U.S. Justice Department and the Federal Trade Commission have reportedly finalized an agreement to pave the way for potential antitrust investigations into the dominance of Microsoft Corp (NASDAQ:MSFT), OpenAI, and Nvidia Corp (NASDAQ:NVDA) in the artificial intelligence sector.
The agreement highlights increased regulatory attention on AI industry concentration, according to a report from Reuters.
Microsoft and Nvidia, both industry leaders, have seen massive growth in market capitalization, with Nvidia’s value recently exceeding $3 trillion.
U.S. antitrust authorities have raised issues ranging from data access advantages of Big Tech to potential avoidance of merger reviews through corporate partnerships.
The recent division ...