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UK to review Microsoft, OpenAI partnership |
Microsoft's multibillion dollar investment in OpenAI and position on the artificial intelligence (AI) company's board, is drawing scrutinty from a top British regulator. |
The U.K. Competition and Markets Authority (CMA) announced Friday it was opening an initial review of Microsoft's partnership with the company behind ChatGPT. The CMA said it is inviting each company and interested third parties to comment on whether the partnership "including recent developments" has "resulted in a relevant merger situation." The invitation to comment is the first part of the CMA's information gathering process and comes before any formal investigation. It marks the first public step a global regulator has taken to examine the partnership between the two companies. Microsoft invested heavily in OpenAI earlier this year and has incorporated ChatGPT into Microsoft tools, including its Bing search engine. Last month, the partnership escalated when Microsoft secured a non-voting position on the OpenAI board as part of a new deal to bring back OpenAI founder and CEO Sam Altman after his suprise ouster. The CMA will review if the partnership has resulted in an "acquisition control," with one party having "material influence" In response to the announcement, Microsoft's vice chair and president Brad Smith said through the partnership both companies have maintained their independence, and called out rival company Google's 2014 acquisition of the AI company DeepMind. "Since 2019, we've forged a partnership with OpenAI that has fostered more AI innovation and competition, while preserving independence for both companies," Smith said. Read a full report at TheHill.com. |
Welcome to The Hill's Technology newsletter, we're Rebecca Klar and Julia Shapero — tracking the latest moves from Capitol Hill to Silicon Valley. |
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How policy will be impacting the tech sector now and in the future: |
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Groups urging the Supreme Court to invalidate Republican-backed social media laws are looking to strike a chord with the justices by bringing forward some familiar — and potent — examples. Next year, the justices are set to decide the constitutionality of laws in Texas and Florida that restrict social media platforms' ability to moderate content, legislation aimed at prohibiting platforms from censoring people based on political … |
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| President Biden on Friday will announce $8.2 billion in funding for 10 passenger rail projects, including a high-speed rail system connecting Nevada and California. Biden will travel to Las Vegas on Friday to make the announcement. He is then set to go to Los Angeles on Friday night and stay through Sunday. The funding comes from the bipartisan infrastructure law's overall $66 billion investment in rail and Biden, as … |
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House Democrats on Thursday called on Mark Zuckerberg and Elon Musk to push back on the “rapid spread of abortion misinformation and disinformation,” with the lawmakers saying people are being discouraged from receiving abortion services due to “bad medical advice.” The Democratic representatives on the House Oversight and Accountability Committee said the misinformation and disinformation being spread … |
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News we've flagged from the intersection of tech and other topics: |
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Former Twitter India head joins OpenAI |
Twitter's former India head Rishi Jaitly is working with OpenAI as a senior advisor to facilitate talks with the government about AI policy as the company looks to set up a local team in India, TechCrunch reported. |
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Semiconductor push raises concerns over toxins |
The push to revitalize semiconductor production in the U.S. has health and labor advocates concerns about the lack of protections for workers and potential toxic chemicals they may be exposed to, TheVerge reported. |
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Upcoming news themes and events we're watching: |
- The Georgetown Center for Business and Public Policy is hosting a webinar with former Federal Communications Commissioner Mike O'Rielly about highlights of the year for the tech and telecom sectors on Wednesday at 12 p.m. ET.
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Branch out with other reads on The Hill: |
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Baldur's Gate, The Legend of Zelda and Cocoon shine brightest in a stellar year for video games |
It's been a terrific year for video games. Developers hit their stride on the PlayStation 5 and Xbox X/S consoles, unleashing massive adventures big enough to satisfy gamers for weeks. The Switch is at the end of its lifespan, but Nintendo debuted two spectacular games on its way out. And indie studios … |
COPENHAGEN, Denmark (AP) — The European Union's powerful antitrust chief has withdrawn as a candidate for the presidency of the European Investment Bank, the Danish government said Friday after EU finance ministers gave their support to someone else. Margrethe Vestager, who took unpaid leave in September … |
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Two key stories on The Hill right now: |
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If prosecutors get their way, former President Trump will spend much of 2024 in a courtroom. But as he defends himself against civil lawsuits … Read more |
| The Republican National Committee (RNC) on Friday said it is not sponsoring GOP primary debates scheduled for January and will formally release candidates … Read more |
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You're all caught up. See you Monday! |
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