Nvidia reportedly faces DOJ probe over Run:ai acquisition

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Nvidia News

U.S. Department Of Justice,Antitrust Concerns,Seana Smith

Shares of Nvidia (NVDA) are under pressure Friday following news that the company is under investigation by the U.S. Department of Justice (DOJ) over...

) are under pressure Friday following news that the company is under investigation by the U.S. Department of Justice over antitrust concerns. According to a, the DOJ is examining whether Nvidia's acquisition of AI startup Run:AI could potentially create a monopoly within the artificial intelligence sector.Nvidia shares are in the red today as we're taking a look at the declines of the US Department of Justice investigating the chip giant for antitrust concerns after its run A I buy outs.

But in this position, I think now regulators are trying to make sure what happens now is not the same or repeat of a Google or an alphabet back in the day of Google back then acquiring double click that really assured that it was going to have this almost monopolistic type of positioning within the digital ad market here.

So again, that report is from the information, the other report that Brad was just mentioning there is from Politico there surrounding their acquisition of run A I, which is that Israel, a start up company that looks into the uh virtualization here of GP U.

 

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