US Regulators To Open Antitrust Inquiries of Microsoft, OpenAI and Nvidia

The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry, Reuters reported Thursday, citing a source familiar with the matter. From the report: Under the deal, the U.S. Department of Justice will take the lead in investigating whether Nvidia violated antitrust laws, while the FTC will examine the conduct of OpenAI and Microsoft. While OpenAI's parent is a nonprofit, Microsoft has invested $13 billion in a for-profit subsidiary, for what would be a 49% stake. The Microsoft-OpenAI partnership is also under informal scrutiny in other regions. The regulators struck the deal over the past week and it is expected to be completed in the coming days, the person said. The FTC is also looking into Microsoft's $650 million deal with AI startup Inflection AI, a person familiar with the matter said.

Read more of this story at Slashdot.