{"id":115670,"date":"2024-08-02T09:49:59","date_gmt":"2024-08-02T09:49:59","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/08\/02\/nvidia-faces-two-doj-antitrust-probes-over-market-dominance\/"},"modified":"2024-08-02T09:49:59","modified_gmt":"2024-08-02T09:49:59","slug":"nvidia-faces-two-doj-antitrust-probes-over-market-dominance","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/08\/02\/nvidia-faces-two-doj-antitrust-probes-over-market-dominance\/","title":{"rendered":"Nvidia faces two DOJ antitrust probes over market dominance"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The US Department of Justice (DOJ) has reportedly launched two separate probes into Nvidia regarding antitrust concerns about the computing giant\u2019s AI-focused business dealings. The first investigation, <a href=\"https:\/\/www.politico.com\/news\/2024\/08\/01\/feds-nvidia-ai-deal-chips-00172322\" target=\"_blank\" rel=\"noopener\">reported by <em>Politico<\/em><\/a>, will see the DOJ examine <a href=\"https:\/\/www.theverge.com\/2024\/4\/24\/24139331\/nvidia-buys-gpu-management-software-company-run-ai\" target=\"_blank\" rel=\"noopener\">Nvidia\u2019s buyout of Run:ai, <\/a>while the second, as reported by <a href=\"https:\/\/www.theinformation.com\/articles\/nvidia-faces-doj-antitrust-probe-over-complaints-from-rivals\" target=\"_blank\" rel=\"noopener\"><em>The Information<\/em><\/a>, will assess if Nvidia abused its dominance in AI chips to discourage customers from using competing products.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">In April, Nvidia reportedly spent $700 million to acquire Run:ai, the Israeli startup specializing in GPU management software. While specific concerns surrounding the Run:ai purchase haven\u2019t been disclosed, <a href=\"https:\/\/www.theverge.com\/2023\/7\/19\/23800545\/khan-ftc-doj-justice-antitrust-guidelines-meta-amazon\" target=\"_blank\" rel=\"noopener\">both US<\/a> and <a href=\"https:\/\/www.theverge.com\/2023\/7\/13\/23793969\/adobe-figma-merger-acquisition-uk-cma-regulator-investigation\" target=\"_blank\" rel=\"noopener\">international regulators<\/a> have closely scrutinized big tech acquisitions of late over issues like anticompetitive business practices and market monopolies. AI acquisitions have been of particular interest, with a joint statement issued <a href=\"https:\/\/www.ftc.gov\/news-events\/news\/press-releases\/2024\/07\/ftc-doj-international-enforcers-issue-joint-statement-ai-competition-issues\" target=\"_blank\" rel=\"noopener\">by major US, EU, and UK regulators<\/a> in July pledging to \u201csafeguard against tactics that would undermine fair competition or lead to unfair or deceptive practices in the AI ecosystem.\u201d<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The second investigation being launched by the DOJ comes in response to complaints from competitors. It will examine whether Nvidia abused its market dominance to pressure cloud providers into buying its products. The probe will also investigate claims that Nvidia overcharges its customers for networking equipment if they opt to purchase AI chips from rival companies <a href=\"https:\/\/www.theverge.com\/2024\/7\/30\/24209938\/amd-q2-2024-earnings-datacenter-ai-revenue\" target=\"_blank\" rel=\"noopener\">like AMD<\/a> and <a href=\"https:\/\/www.theverge.com\/2024\/6\/3\/24169115\/intel-lunar-lake-architecture-platform-feature-reveal\" target=\"_blank\" rel=\"noopener\">Intel<\/a>. <\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">\u201cWe compete based on decades of investment and innovation, scrupulously adhering to all laws, making Nvidia openly available in every cloud and on-prem for every enterprise, and ensuring that customers can choose whatever solution is best for them,\u201d Nvidia spokesperson Mylene Mangalindan said in a statement to <em>Politico<\/em>. \u201cWe\u2019ll continue to support aspiring innovators in every industry and market and are happy to provide any information regulators need.\u201d<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Nvidia is estimated to control between <a href=\"https:\/\/www.cnbc.com\/2024\/06\/02\/nvidia-dominates-the-ai-chip-market-but-theres-rising-competition-.html#:~:text=Nvidia&#039;s%20AI%20accelerators%20have%20between,other%20chipmakers%20ramp%20up%20development.\" target=\"_blank\" rel=\"noopener\">70 percent and 95 percent<\/a> of the market for chips needed to train AI models. Nvidia\u2019s dominance has drawn ire from other global regulators, with <a href=\"https:\/\/www.reuters.com\/technology\/french-antitrust-regulators-preparing-nvidia-charges-sources-say-2024-07-01\/\" target=\"_blank\" rel=\"noopener\"><em>Reuters<\/em> reporting<\/a> last month that the company may face French antitrust charges for alleged anti-competitive practices. In June, <a href=\"https:\/\/www.theverge.com\/2024\/6\/18\/24181393\/nvidia-most-valuable-company-microsoft-apple-google\" target=\"_blank\" rel=\"noopener\">Nvidia briefly overtook Microsoft<\/a> as the world\u2019s most valuable company, a feat largely propelled by booming demand for AI technology.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/2024\/8\/2\/24211810\/nvidia-doj-antitrust-probes-ai-market-dominance\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Department of Justice (DOJ) has reportedly launched two separate probes into Nvidia regarding antitrust concerns about the computing giant\u2019s AI-focused business dealings. The first investigation, reported by Politico, will see the DOJ examine Nvidia\u2019s buyout of Run:ai, while the second, as reported by The Information, will assess if Nvidia abused its dominance in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":115671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-115670","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/115670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=115670"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/115670\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/115671"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=115670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=115670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=115670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}