Responsibility is clarified
US antitrust authorities are also looking at the Microsoft/OpenAI case
January 19, 2024, 11:12 p.m
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Last year, Microsoft pledged ten billion dollars in investments to the software company OpenAI. After the European and British competition authorities, the responsible authorities in the USA are now apparently also reacting.
According to a media report, Microsoft’s billion-dollar investment in the ChatGPT developer OpenAI is causing discussions between the US Department of Justice and the Federal Trade Commission (FTC). Both antitrust authorities are discussing who is responsible for examining the matter, reports Politico magazine.
The FTC said it is working seamlessly with the department to protect U.S. consumers. The ministry declined to comment.
Microsoft promised OpenAI investments of more than ten billion dollars last year. The US software company had explained that it would not become a shareholder but would only be entitled to a share of the profits. The seat on the board of directors that Microsoft is entitled to has no voting rights.
Nevertheless, the EU Commission and the British Competition and Markets Authority (CMA) are already taking a close look at the cooperation under antitrust law. OpenAI helped the technology of generative artificial intelligence (AI) achieve a breakthrough with the chatbot ChatGPT.