US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia, NYT reports
Posted: Jun 06, 2024
- US regulators, including the Justice Department and the FTC, are opening antitrust inquiries into Microsoft ($MSFT), OpenAI, and Nvidia ($NVDA) - Microsoft is being investigated for its $13B investment in a for-profit subsidiary, while OpenAI and Nvidia are also under scrutiny - This signals growing regulatory scrutiny in the AI industry, with previous investigations into generative AI investments and partnerships - Jonathan Kanter, the US antitrust chief, has expressed concerns about the structures and trends in AI that could favor dominant firms - The investigations are expected to be completed soon, with both Microsoft and OpenAI facing examination for potential antitrust violations - Companies involved in the investigations include Alphabet Inc, Amazon.com Inc, and Anthropic, with Microsoft's deal with Inflection AI also under scrutiny.
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