WASHINGTON—The Department of Justice and the Federal Trade Commission are set to spearhead antitrust investigations into Microsoft, OpenAI and Nvidia that could potentially reshape the commercial artificial intelligence industry, according to a new report.
The probes, which come at a time credit unions are also either racing into or fast following others in AI, were first reported last week after U.S. regulators seemingly reached an agreement on how to move forward with investigating Microsoft's $13 billion investment into the ChatGPT maker, as well as whether Nvidia violated antitrust laws in its development of next-generation AI chips, Bank Info Security said.
FTC to Take Lead
The FTC will lead the investigation into OpenAI and Microsoft, which first invested $1 billion in the AI startup in 2019 and has since assumed a 49% stake in the company. The Justice Department will oversee a separate probe into Nvidia, which the industry increasingly relies on for high-performance semiconductors to power AI products, Bank Info Security said, citing The New York Times.
The report notes the news comes after the FTC previously opened an inquiry into leading AI startups such as OpenAI, Amazon, Google and Microsoft in January as part of a broader effort to determine whether tech giants were exerting undue influence over the emerging technology industry.
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