09-01-2024 17:01 via theguardian.com

Microsoft’s investment in OpenAI may face EU scrutiny, officials say

European Commission says it is checking whether multibillion-dollar stake is reviewable under merger regulationMicrosoft’s multibillion-dollar investment in the ChatGPT developer OpenAI could face a merger investigation in the European Union, officials have said.Microsoft is the largest minority investor in OpenAI Global LLC, a “capped profit” subsidiary company that is controlled by OpenAI Inc, the non-profit majority owner of the organisation. Its investment, given in the for
Read more »