TECH - Microsoft's AI Ventures and Qualcomm's Autotalks Acquisition Face Regulatory Scrutiny Global Tech Competition Concerns | Benzinga
U.S. Big Tech’s artificial intelligence investments and takeover plans are increasingly drawing regulatory scrutiny worldwide.
Significant merger deals, including Nvidia Corp (NASDAQ:NVDA) – Arm Holdings Plc (NASDAQ:ARM) and Intel Corp’s (NASDAQ:INTC) – Tower Semiconductor Ltd (NASDAQ:TSEM), succumbed to regulatory opposition over anticompetitive grounds.
The European Union’s competition watchdog plans to examine Microsoft Corp’s (NASDAQ:MSFT) recent investment in Mistral AI, alongside its ongoing scrutiny of Microsoft’s close relationship with OpenAI Inc. Microsoft has formed a strategic partnership with Mistral, investing €15 million ($16.3 million) to make Mistral’s artificial intelligence models available on its Azure cloud platform.
Unlike OpenAI’s models, which are proprietary, Mistral’s are open for sharing.
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