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In December, the UK antitrust regulator announced that developments regarding Microsoft’s partnership with OpenAI and the removal and hiring of Sam Altman as CEO could impact competition in the UK. The company announced that it is closely monitoring whether it has triggered a related merger situation. . A month later, Microsoft’s financial support for the ChatGPT maker could become subject to European Union (EU) merger rules.
The EU is concerned about the competitiveness of the virtual world and generative AI markets, and is concerned that Microsoft’s investment could give it too much control over these markets. Notably, Microsoft has invested billions of dollars in OpenAI and is integrating its AI technology into some of its products, including Windows 11, the Edge browser, and the Bing search engine.
European Competition Commissioner Margrethe Vestager said: “We will be inviting companies and experts to tell us about competition issues they may be aware of in these industries, while also closely monitoring partnerships with AI. “We are trying to avoid unduly distorting market dynamics.”
The European Commission (EC) is considering whether Microsoft’s investment in OpenAI, a leading artificial intelligence (AI) research organization, should be subject to a thorough merger review.
Why the UK and EU are investigating investment
Last year, OpenAI faced an internal battle and its board fired Altman. Shortly after the announcement, Microsoft offered Altman a job at the company. This clearly raises concerns about whether OpenAI will be able to maintain its independence and objectivity despite Microsoft’s potential control over the AI company, given its close relationship and investment with OpenAI. caused it.
It is important to note that the EC’s investigation is still in its preliminary stages and it is unclear whether it will ultimately lead to any regulatory action.
The EU is concerned about the competitiveness of the virtual world and generative AI markets, and is concerned that Microsoft’s investment could give it too much control over these markets. Notably, Microsoft has invested billions of dollars in OpenAI and is integrating its AI technology into some of its products, including Windows 11, the Edge browser, and the Bing search engine.
European Competition Commissioner Margrethe Vestager said: “We will be inviting companies and experts to tell us about competition issues they may be aware of in these industries, while also closely monitoring partnerships with AI. “We are trying to avoid unduly distorting market dynamics.”
The European Commission (EC) is considering whether Microsoft’s investment in OpenAI, a leading artificial intelligence (AI) research organization, should be subject to a thorough merger review.
Why the UK and EU are investigating investment
Last year, OpenAI faced an internal battle and its board fired Altman. Shortly after the announcement, Microsoft offered Altman a job at the company. This clearly raises concerns about whether OpenAI will be able to maintain its independence and objectivity despite Microsoft’s potential control over the AI company, given its close relationship and investment with OpenAI. caused it.
It is important to note that the EC’s investigation is still in its preliminary stages and it is unclear whether it will ultimately lead to any regulatory action.
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