Jan. 9, 2024, 10:21 p.m. |

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The European Union is investigating whether Microsoft's investment in OpenAI amounts to a concealed merger amid efforts to regulate the rapidly advancing generative AI (genAI) sector.

The European Commission, serving as the EU's executive branch, said Tuesday it is starting a competition inquiry into the markets of virtual worlds and genAI; the goal is to focus on the current level of competitiveness and the role law might play in shaping these fields.

“The European Commission will carefully review all …

artificial intelligence commission competition european commission european union executive executive branch genai generative generative-ai government investment markets merger microsoft openai regulation review sector tuesday union virtual virtual worlds

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