Microsoft's multibillion-dollar investment in ChatGPT-maker OpenAI could trigger a European Union merger investigation, the bloc's executive branch said Tuesday.
The European Commission said it's "checking whether Microsoft's investment in OpenAI might be reviewable" under regulations covering mergers and acquisitions that would harm competition in the 27-nation EU.
The review could lead to a formal investigation into whether the deal should be unconditionally cleared, allowed with concessions from the companies or blocked. Britain's antitrust watchdog opened a similar review last month.
Antitrust enforcers in the U.S. also have signaled concerns about competition in the AI industry. The Federal Trade Commission in November approved new measures enabling it to more easily investigate AI products and services, noting that "AI can raise competition issues in a variety of ways, including if one or just a few companies control the essential inputs or technologies that underpin AI."
OpenAI has received several rounds of funding from Microsoft, including an initial $1 billion in 2019 and a multibillion-dollar investment last year.
OpenAI's generative AI chatbot ChatGPT has captured world attention with its advanced capabilities, catapulting the San Francisco-based startup to the top ranks of AI companies. Generative AI systems like ChatGPT can spit out new text, images, videos or audio recordings based on prompts from users.
The European Commission, the bloc's top antitrust enforcer, is asking businesses and experts for input on any competition issues that they see in generative AI and has asked "several large digital players" — which it didn't identify — for information.
The commission is "also closely monitoring AI partnerships to ensure they do not unduly distort market dynamics," the EU's antitrust enforcer, Margrethe Vestager, said in a press release.
Vestager is due to meet with OpenAI executives on a trip this week to the U.S., as well as Google CEO Sundar Pichai, Apple CEO Tim Cook and Nvidia CEO Jensen Huang.
The Grammys’ voting body is more diverse, with 66% new members. What does it mean for the awards?
For years, the Grammy Awards have been criticized over a lack of diversity — artists of color and women left out of top prizes; rap and contemporary R&B stars ignored — a reflection of the Recording Academy's electorate. An evolving voting body, 66% of whom have joined in the last five years, is working to remedy that.
At last year's awards, women dominated the major categories; every televised competitive Grammy went to at least one woman. It stems from a commitment the Recording Academy made five years ago: In 2019, the Academy announced it would add 2,500 women to its voting body by 2025. Under the Grammys' new membership model, the Recording Academy has surpassed that figure ahead of the deadline: More than 3,000 female voting members have been added, it announced Thursday.
"It's definitely something that we're all very proud of," Harvey Mason jr., academy president and CEO, told The Associated Press. "It tells me that we were severely underrepresented in that area."
Reform at the Record Academy dates back to the creation of a task force focused on inclusion and diversity after a previous CEO, Neil Portnow, made comments belittling women at the height of the #MeToo movement.
Since 2019, approximately 8,700 new members have been added to the voting body. In total, there are now more than 16,000 members and more than 13,000 of them are voting members, up from about 14,000 in 2023 (11,000 of which were voting members). In that time, the academy has increased its number of members who identify as people of color by 63%.
"It's not an all-new voting body," Mason assures. "We're very specific and intentional in who we asked to be a part of our academy by listening and learning from different genres and different groups that... Read More