Europe's monopoly cops suddenly rather curious about Microsoft's $13B for OpenAI Microsoft's $13 billion investment in OpenAI is being checked by the European Commission to see if the deal runs afoul of the continent's merger rules. The European Commission announced the inquiry on Tuesday as part of a broader investigation into competition in the virtual world and artificial intelligence markets. The …
It's never too late, but we can't do anything for as long corruption is legal, or should I say departments that take money for tackling it put their feet up.
It's so easy these days. Get a multi billion contract for mates, then delete messages about it and crime never existed.
Those politicians who are supposed to break monopolies, probably are browsing yachts or boarding schools for their children while they act surprised when yet another brown envelope is coming their way.
They run out of directions to look away at.
The big challenge is that MS doesn't have formal majority control of OpenAI through share ownership (which would make it subject to some M&A and competition provisions) but that it effectively has near full control of OpenAI. It will be interesting to see if this means that MS can stay out of legal trouble as current competition law may not be sufficient to do something about it.
