The US is opening antitrust investigations into two of the world’s most valuable companies, Microsoft and Nvidia, over their dominance of the rapidly emerging field of artificial intelligence, according to people familiar with the matter.
The FTC has also opened a probe into whether Microsoft failed to properly notify the antitrust agencies about its deal with Inflection AI, according to the people. The Justice Department and FTC jointly enforce US antitrust laws and work together to coordinate which agency will investigate mergers and anticompetitive conduct through a process internally known as clearance.
The FTC has a previous history with Nvidia, having overseen recent mergers and suing to stop the company from buying Arm Ltd. in December 2021. Nvidia then walked away from that deal.With the exception of Microsoft’s recent acquisition of Activision Blizzard, Justice has overseen the company since 1993 and has deep familiarity with the search and browser markets owing to its recent cases against Google.
In January, the FTC opened an inquiry into Microsoft’s OpenAI investment as well as deals by Google and Amazon to invest in rival AI-startup Anthropic.
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