ai – Antitrust Intelligence

Elon Musk Expands Lawsuit Against OpenAI and Microsoft, Adding Antitrust Claims

November 16, 2024November 16, 2024Editorial

Elon Musk, billionaire entrepreneur and co-founder of OpenAI, has expanded his lawsuit against the artificial intelligence powerhouse and its largest financial backer, Microsoft. Filed in federal court in Oakland, California, the amended complaint accuses the two entities of monopolistic practices aimed at dominating the market for generative AI, in addition to sidestepping competitors and regulatory […]

Microsoft’s Acquisition of Inflection AI: What the CMA Found and What It Means

September 4, 2024Editorial

The UK’s Competition and Markets Authority (CMA) has completed its investigation into Microsoft’s acquisition of assets from Inflection AI, Inc. The CMA determined that while this deal falls under its merger control jurisdiction, it does not pose a significant threat to competition in the UK market. The main concern was whether this acquisition might reduce […]

Nvidia Faces Unprecedented Loss Amid AI Stock Sell-Off and Antitrust Investigation

September 4, 2024September 4, 2024Editorial

Nvidia, the leading force in artificial intelligence (AI) hardware, witnessed an extraordinary decline in its market value, losing nearly $300 billion in a single day. This marks the largest one-day drop in the company’s history, spurred by a broader sell-off in AI stocks and an escalating antitrust investigation by the U.S. Department of Justice (DOJ). […]

US Sets Stage for Antitrust Probes into Microsoft, OpenAI, and Nvidia

June 7, 2024June 7, 2024Editorial

The U.S. Justice Department and the Federal Trade Commission (FTC) have formalized an agreement that paves the way for potential antitrust investigations into Microsoft, OpenAI, and Nvidia. This decision underscores the increasing regulatory scrutiny on these tech giants, which dominate the burgeoning artificial intelligence (AI) industry. The arrangement between the two agencies, confirmed by a […]

Scrutiny Intensifies: US Antitrust Regulators Focus on AI Industry Investments

January 31, 2024March 5, 2024Editorial

In a notable development, the United States Federal Trade Commission (FTC) has turned its attention towards the artificial intelligence industry, particularly focusing on major investments made by tech giants Amazon, Google, and Microsoft in smaller AI startups. The inquiry, though still at the preliminary stage, signifies a growing emphasis on antitrust concerns within the AI […]

Fintech M&A Misfortunes Have Lessons for Crypto and AI

July 20, 2023July 20, 2023Editorial

Last week, Fidelity National Services (FIS) agreed to sell a majority stake in its Worldpay business to private equity funds managed by GTCR in a deal that values the merchant payments at $18.5 billion. However, just 4 years ago, FIS acquired Worldpay for more than $30 billion with the intention to revolutionize the industry, but […]