Get the latest tech news
Microsoft's OpenAI investment could trigger EU merger review
The European Union says Microsoft’s multibillion-dollar investment in ChatGPT-maker OpenAI could trigger a merger investigation.
LONDON (AP) — Microsoft’s multibillion-dollar investment in ChatGPT-maker OpenAI could trigger a European Union merger investigation, the bloc’s executive branch said Tuesday. The European Commission said it’s “checking whether Microsoft’s investment in OpenAI might be reviewable” under regulations covering mergers and acquisitions that would harm competition in the 27-nation EU. The commission is “also closely monitoring AI partnerships to ensure they do not unduly distort market dynamics,” the EU’s antitrust enforcer, Margrethe Vestager, said in a press release.
Or read this on r/technology