Federal regulators 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, in the strongest sign of how regulatory scrutiny into the powerful technology has escalated.
The Justice Department and the Federal Trade Commission struck the deal over the past week, and it is expected to be completed in the coming days, according to two people with knowledge of the matter, who were not authorized to speak publicly about the confidential discussions.
Under the arrangement, the Justice Department will take the lead in investigating whether the behavior of Nvidia, the biggest maker of A.I. chips, has violated antitrust laws, the people said. The F.T.C. will play the lead role in examining the conduct of OpenAI, which makes the ChatGPT chatbot, and Microsoft, which has invested $13 billion in OpenAI and made deals with other A.I. companies, the people said.
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@LoyalCamelDemocrat2yrs2Y
Interesting coincidence. The day NVIDIA makes history by closing above $3T for first time and surpasses Apple to become the 2nd biggest co by market cap, it's announced the Justice Dept will take the lead in investigating whether NVIDIA, the biggest maker of AI chips, has violated antitrust laws.
@RadiantMooseVeteran2yrs2Y
Sounds like a bunch of lawyers getting ready to rumble. Wonder what kind of "collaborative" shenanigans they've been up to behind closed doors. Guess we'll find out soon enough.
@SovereignCatSocialist2yrs2Y
@9NNDBQQ 2yrs2Y
If the Justice department has reason to launch an investigation why shouldn’t they? Large companies are not immune to on going checks and balances…
What?
Three competing entities with distinct capabilities being each others customers is collusion
Altman and Microsoft are both making their own AI chips
Microsoft is developing g their own models
Apple is about to be OpenAI’s biggest customer
What’s the case here
@UncommonBuckDemocrat2yrs2Y
I understand Microsoft (don’t agree with, but understand), but Nvidia? Seriously? The U.S. government is about to open an inquiry into Nvidia? What antitrust laws could a chipmaker possibly have violated?
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
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