European Union examines Microsoft investment in Sam Altman-led ChatGPT developer OpenAI
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The European Union's competition regulator said Tuesday it was looking into Microsoft's investment into ChatGPT developer, the CEO Sam Altman-led OpenAI to see if it merits further investigation under the bloc's merger rules. The European Commission said in a statement it was "checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation".The move is part of efforts by Brussels to make sure its oversight can catch up with the fast-moving world of artificial intelligence and stop major players shutting out competitors. EU competition chief Margrethe Vestager, who will meet top tech bosses California this week, said "it is fundamental that these new markets stay competitive". "We are inviting businesses and experts to tell us about any competi...