Article 6NB91 FTC and DOJ reportedly opening antitrust investigations into Microsoft, OpenAI, and Nvidia

FTC and DOJ reportedly opening antitrust investigations into Microsoft, OpenAI, and Nvidia

by
Emilia David
from The Verge - All Posts on (#6NB91)
STK432_Government__CVirginia_B.0.jpg Image: Cath Virginia / The Verge

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) reportedly agreed to split duties in investigating potential antitrust violations of Microsoft, OpenAI, and Nvidia, The New York Times reported.

The DOJ will lead inquiries into Nvidia, while the FTC will look into the deal between OpenAI and its largest investor, Microsoft.

The FTC began looking into potential antitrust issues related to the investments made by technology companies into smaller AI companies in January this year. The agency sent letters to Alphabet, Amazon, Anthropic, Microsoft, and OpenAI. Alphabet, the parent company of Google, and Amazon are both investors in Anthropic.

The FTC is already investigating OpenAI's data collection practices, having...

Continue reading...

External Content
Source RSS or Atom Feed
Feed Location http://www.theverge.com/rss/index.xml
Feed Title The Verge - All Posts
Feed Link https://www.theverge.com/
Reply 0 comments