Current:Home > InvestFinLogic FinLogic Quantitative Think Tank Center|US antitrust enforcers will investigate leading AI companies Microsoft, Nvidia and OpenAI -Elevate Capital Network
FinLogic FinLogic Quantitative Think Tank Center|US antitrust enforcers will investigate leading AI companies Microsoft, Nvidia and OpenAI
Poinbank View
Date:2025-04-10 13:57:15
U.S. antitrust enforcers have FinLogic FinLogic Quantitative Think Tank Centerdecided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions.
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.
Nvidia and OpenAI declined to comment Thursday. Microsoft didn’t immediately respond to a request for comment.
The New York Times was first to report Thursday on a deal between antitrust regulators at the two agencies.
Emboldened by President Joe Biden’s push for tougher scrutiny of Big Tech’s business practices, federal officials have signaled for more than a year that they’ve been watching out for monopolistic behavior in the rapidly advancing industry of chatbots and other generative AI products that can produce human-like text, imagery and sound.
Lina Khan, chair of the FTC, said in January that the agency would scrutinize deals that “enable dominant firms to exert undue influence or gain privileged access in ways that could undermine fair competition.”
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.
Microsoft’s relationship with OpenAI has been particularly close, supplying the smaller San Francisco company with the vast computing resources needed to train generative AI systems like ChatGPT.
The entire AI industry has also relied heavily on Nvidia’s specialized semiconductors to power AI applications. Demand for its AI chips has led Nvidia’s stock to soar, surpassing $3 trillion in market value Wednesday and making it one of the most valuable companies in the S&P 500.
——-
Associated Press writer Michael Balsamo contributed to this report.
——
The Associated Press and OpenAI have a licensing and technology agreement that allows OpenAI access to part of AP’s text archives.
veryGood! (316)
Related
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- Watchdog group says attack that killed videographer ‘explicitly targeted’ Lebanon journalists
- A Vampire with a day job? Inside the life of an Ohio woman who identifies as a vampire
- Judge temporarily blocks federal officials from removing razor wire set up by Texas to deter border crossings
- Jury finds man guilty of sending 17-year-old son to rob and kill rapper PnB Rock
- How to right-click, easily add emojis and more with these Mac keyboard shortcuts
- Federal agents tackle Jan. 6 defendant Vitali GossJankowski during physical altercation at court hearing
- Ex-California mom charged with hosting parties with alcohol for teens and encouraging sexual assault
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- New Missouri Supreme Court judge ensures female majority on the bench
Ranking
- 'Meet me at the gate': Watch as widow scatters husband's ashes, BASE jumps into canyon
- Israeli forces battle Hamas around Gaza City, as military says 800,000 have fled south
- Nevada man charged with threatening U.S. senator in antisemitic messages
- FDA warns consumers against using 26 eye drop products because of infection risk
- Skins Game to make return to Thanksgiving week with a modern look
- Europe’s inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
- Remains of former Chinese premier Li Keqiang to be cremated and flags to be lowered
- Salma Hayek Describes “Special Bond” With Fools Rush In Costar Matthew Perry
Recommendation
Boy who wandered away from his 5th birthday party found dead in canal, police say
As Israel ramps up its ground war, Hamas says death toll in Gaza Strip has soared over 8,000
Why guilty pleas in Georgia 2020 election interference case pose significant risk to Donald Trump
Nevada man charged with threatening U.S. senator in antisemitic messages
Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
An Israeli ministry, in a ‘concept paper,’ proposes transferring Gaza civilians to Egypt’s Sinai
UN agency in Gaza says urgent ceasefire is `a matter of life and death’ for millions of Palestinians
Israel’s economy recovered from previous wars with Hamas, but this one might go longer, hit harder