Feds set stage for antitrust probes of Nvidia, Microsoft and OpenAI

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The DOJ and FTC will split responsibility for investigating the largest tech companies involved in developing artificial intelligence.

The Justice Department and Federal Trade Commission are nearing an agreement to divvy up investigations of potential anticompetitive conduct by some of the world’s largest technology companies in the artificial intelligence industry, according to three people with knowledge of the negotiations.

The deal has been negotiated for nearly a year. And while leaders of both agencies have expressed urgency in ensuring that the rapidly growing artificial intelligence technology is not dominated by existing tech giants, until an agreement is finalized, there was very little investigative work they could do.Spokespeople for the DOJ, FTC, Nvidia, Microsoft and OpenAI did not immediately respond to requests for comment.

Over the last 18 months, both FTC Chair Lina Khan and DOJ antitrust head Jonathan Kanter have said it is crucial to ensure that the rapidly evolving field of AI not be controlled by just a handful of companies in the same way they believe that happened with social media, online advertising, commerce, search, and other high-tech offerings over the last 15 years.

Artificial intelligence has existed in some form for years, including the Siri voice assistant on iPhones. But it exploded into public consciousness in late 2022 with the rollout of generative AI, including OpenAI’s ChatGPT. The products produce text, art, videos and answer questions in a strikingly human-like fashion..

 

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