US Intensifies Antitrust Scrutiny on AI Giants Nvidia, Microsoft, OpenAI
The US Department of Justice (DOJ) and the Federal Trade Commission (FTC) have agreed to launch antitrust investigations into Nvidia, Microsoft, and OpenAI, focusing on their dominant roles in the artificial intelligence (AI) industry. The DOJ will lead the investigation into Nvidia, the leading manufacturer of AI chips, while the FTC will scrutinize Microsoft and OpenAI. Microsoft has invested $13 billion in OpenAI, which is known for its ChatGPT chatbot.
This regulatory action reflects heightened scrutiny of the AI sector, amid concerns that advancements in generative AI could significantly impact various industries and employment. The investigations aim to determine whether these companies' practices violate antitrust laws and potentially monopolize the market. The US has been intensifying efforts to regulate big tech, though it trails behind Europe, which recently introduced the AI Act to address high-risk AI applications.
