antitrust fight is comingNvidia has joined the $3 trillion valuation club as a blistering A.I.
rally has turned it into the world’s second-most valuable company behind Microsoft.
and Justice Department are set to proceed with antitrust investigations against the duo, and OpenAI, writes The Times’s David McCabe.
is already looking into Microsoft, according to The Wall Street Journal, over how the company structured a deal with the start-up Inflection AI to avoid scrutiny.
In March, Microsoft hired almost all of the start-up’s staff and agreed to pay around $650 million to license its technology.
Persons:
David McCabe
Organizations:
Nvidia, Microsoft, Justice Department, Wall Street