EU to Investigate Microsoft's OpenAI Investment

1 min read
Source: CNBC
EU to Investigate Microsoft's OpenAI Investment
Photo: CNBC
TL;DR Summary

The European Commission is launching a competition investigation into Microsoft's multibillion-dollar investment in OpenAI, focusing on the markets for virtual worlds and generative artificial intelligence. The EU is examining whether the investment might be reviewable under the EU Merger Regulation and has sent requests for information to several large digital players. Concerns have been raised about Microsoft's close partnership and investment in OpenAI, with regulators in the UK and US also assessing the tie-up.

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