European Commission to Investigate Microsoft’s Investment in OpenAI

The European Commission has signaled its intention to investigate Microsoft’s 49% stake in OpenAI to determine whether it should be reviewed under the EU Merger Regulation. The commission is examining agreements between large digital market players and generative AI developers and providers. Microsoft’s investment in OpenAI, reportedly at least $13 billion for a 49% stake, is under scrutiny, and the commission may consider factors like Microsoft’s recent involvement in OpenAI’s CEO change. While this investigation doesn’t guarantee regulatory action, it reflects ongoing scrutiny of major digital players in the European market.(Source: Cointelegraph)