PYMNTS.com July 2, 2024
Governments and regulators worldwide are scrambling to address the rapid rise of artificial intelligence (AI) technology. From France’s antitrust investigation into Nvidia to California’s new safety legislation and U.S. senators’ resistance to AI regulation in political ads, the global response highlights the complex struggle to balance innovation, competition, safety and free speech.
French Antitrust Watchdog to Challenge Nvidia’s Market Practices
French antitrust regulators are reportedly gearing up to charge Nvidia Corporation, the world’s most valuable chipmaker, with anticompetitive practices. This development, first reported by Reuters, marks a significant escalation in the regulatory scrutiny faced by the AI chip giant.
The French Competition Authority is poised to become the first regulatory body worldwide to take such action against Nvidia. The impending...
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