US antitrust enforcers will investigate leading AI companies Microsoft, Nvidia and OpenAI

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 38 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 63%

Nvidia News

Microsoft,Federal Trade Commission,Artificial Intelligence

U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to...

The Department of Justice will launch an investigation of chipmaker Nvidia, while the Federal Trade Commission will scrutinize close business partners Microsoft and ChatGPT-maker OpenAI, according to two people who were not authorized to publicly discuss details of the investigations and spoke to The Associated Press on condition of anonymity.

The FTC said at the time it was opening an inquiry into the relationships between leading artificial intelligence startups such as OpenAI and Anthropic and cloud computing providers such as Amazon, Google and Microsoft that have invested billions of dollars into them. The entire AI industry has also relied heavily on Nvidia's specialized semiconductors to power AI applications. Demand for its AI chips has led, surpassing $3 trillion in market value Wednesday and making it one of the most valuable companies in the S&P 500.FORT NELSON — A company that operates a natural gas plant in Fort Nelson, B.C., is suspending operations because of a reduction in gas volumes, which also reduces the city's access to electrical and gas services.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. regulators to open antitrust inquiries into roles Microsoft, OpenAI and Nvidia play in AI industryUnder 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
Source: globeandmail - 🏆 5. / 92 Read more »