09-01-2024 23:21 via computerworld.com

EU to review Microsoft’s investment in OpenAI

The European Union is investigating whether Microsoft's investment in OpenAI amounts to a concealed merger amid efforts to regulate the rapidly advancing generative AI (genAI) sector.The European Commission, serving as the EU's executive branch, said Tuesday it is starting a competition inquiry into the markets of virtual worlds and genAI; the goal is to focus on the current level of competitiveness and the role law might play in shaping these fields.“The European Commission will carefull
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