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US Regulators Launch Investigations into NVIDIA, Microsoft, and OpenAI in AI Industry

US Regulators Launch Investigations into NVIDIA, Microsoft, and OpenAI in AI Industry
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The FTC and DOJ are currently investigating NVIDIA and other AI giants for potential antitrust violations as US regulators are looking into the rapidly growing AI industry. The FTC is investigating Microsoft and OpenAI’s partnership, while the DOJ is focusing on NVIDIA’s artificial intelligence business. This move by regulators shows a proactive approach to monitoring the booming AI market, similar to previous investigations into big tech companies for alleged violations.

Microsoft, with a history of antitrust issues, is also under scrutiny for its investments in OpenAI and Inflection AI. The DOJ and FTC’s investigations follow the FTC’s initial probe into AI practices in January, which included companies like Microsoft, Alphabet, Amazon, and Anthropic. Former OpenAI employees have expressed concerns about the lack of regulations in the AI industry, prompting regulators to take action.

The AI industry’s growth parallels the dotcom boom of the 20th century, with companies like NVIDIA attracting significant investments. Regulators are keen on ensuring fair competition in the market and are closely monitoring AI companies for any potential antitrust violations. It remains to be seen how the investigations by the DOJ and FTC will impact the AI industry’s dynamics in the future.

Article Source
https://wccftech.com/us-regulators-targets-ai-industry-investigations-against-nvidia-microsoft-openai/amp/

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