EU and UK Probe Microsoft's $13B OpenAI Investment over Antitrust Concerns

January 10, 2024
EU and UK Probe Microsoft's $13B OpenAI Investment over Antitrust Concerns
  • The European Union and the UK's competition watchdog are investigating Microsoft's $13 billion investment in OpenAI over potential antitrust violations.

  • The investment strengthens Microsoft's dominance in the AI field, surpassing competitors like Google.

  • Microsoft gained a non-voting board seat at OpenAI, causing internal conflicts within the company.

  • The investigations aim to ensure that AI markets remain competitive and that major players do not hinder competition.

  • The European Commission is examining agreements between digital market players and AI developers to assess their impact on market dynamics.

  • Concerns have been raised about hindering collaboration with OpenAI and the firing and re-hiring of OpenAI's CEO.

  • The EU is inviting tech companies to report competition issues in the AI industry, with stakeholders having until March 11 to submit their responses.

  • The outcome of the investigation is still unknown, but a workshop may be organized in the second quarter of 2024 to further explore the subject.

  • If irregularities are found, it could have serious legal consequences and impact Microsoft's AI strategy.

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