EU to Investigate Microsoft's OpenAI Investment for Potential Merger Violation
TL;DR Summary
Microsoft's $13 billion investment in OpenAI is facing potential scrutiny from the European Union, as the European Commission is considering whether the involvement should be vetted under the bloc's merger rules, which could lead to a formal probe and potential unwinding if it's found to hinder fair competition. This move is part of a broader examination of artificial intelligence and follows a similar step taken by the UK's Competition and Markets Authority.
Topics:business#artificial-intelligence#european-union#merger-investigation#microsoft#openai#technology
- Microsoft's OpenAI Ties Face Potential EU Merger Investigation Bloomberg
- Microsoft's multibillion-dollar investment in OpenAI could face EU merger probe CNBC
- Live news: Microsoft-OpenAI $13bn tie-up faces EU regulatory scrutiny Financial Times
- EU checking if Microsoft’s OpenAI investment falls under merger rules TechCrunch
- Microsoft's OpenAI investment risks EU merger probe, EU regulators say Yahoo Finance
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