Vietnam.vn - Nền tảng quảng bá Việt Nam

Monitoring investment in AI technology.

Báo Sài Gòn Giải phóngBáo Sài Gòn Giải phóng27/01/2024


On January 26, the U.S. Federal Trade Commission (FTC) announced it is monitoring investments by major technology corporations such as Microsoft, Google, and Amazon in artificial intelligence (AI) startups OpenAI and Anthropic.

Monitoring investment in AI technology.

Preventing unfair competition

This is part of an effort by US regulators to ensure regulations keep pace with AI developments, preventing large tech corporations from engaging in unfair competition and stifling rivals in a field that promises to undergo significant changes in the future. Specifically, the FTC will conduct research to gain deeper insights into market trends and business practices, and then use the conclusions drawn to take legal action.

The head of the committee, Lina Khan, affirmed that the research will further clarify the nature of investments and collaborations, as well as the risks of unfair competition in the field of AI generation.

Meanwhile, Microsoft Vice President Rima Alaily said that the company would provide all the information requested by the FTC, while emphasizing that collaboration between independent companies like Microsoft and OpenAI is a driving force for competition and innovation.

You may also like
President Trump takes his first flight on the "greatest" presidential plane.
President Trump takes his first flight on the "greatest" presidential plane.(Dan Tri Newspaper) - US President Donald Trump has made his first flight on the new Air Force One aircraft, a gift from the Qatari government.
Apartment fire in Belgium kills at least 6 people.
Apartment fire in Belgium kills at least 6 people.VTV.vn - Belgian police say at least six people have died after a fire broke out in a 10-story apartment building in Antwerp.

For its part, Google hopes the FTC will uncover companies that have an unfriendly approach in the field of AI.

Anthropic and Amazon declined to comment on the FTC's decision. Amazon, Microsoft, and Google are the world's largest providers of cloud computing data centers, specializing in storing and processing large-scale data. Recently, these three giants have been investing heavily in generative AI technology. This includes Microsoft's $13 billion investment in OpenAI, the company that created the ChatGPT chatbot.

Last year, Amazon and Google also invested $4 billion and $2 billion respectively in Anthropic – a company considered a competitor to OpenAI and with great potential for future growth.

Preventing the acquisition of secrets.

In early January, the European Commission (EC) also conducted a preliminary review of Microsoft's investments in OpenAI to rule out the possibility of them secretly acquiring and merging with smaller companies. The examination of Microsoft's investment in OpenAI was primarily a competition policy-oriented approach, to determine whether Microsoft's massive bet amounted to a full takeover and gave the multinational corporation control of the startup.

As the primary enforcement body for competition rules, the EC has the power to monitor, approve, and, if necessary, eliminate business concentrations that could harm economic relations across the market. If Microsoft's investment falls under the European Union's (EU) Mergers and Acquisitions Regulation, the tech giant would have to formally notify the regulator. The investigation would be applied retroactively as the investment is ongoing and could lead to remedial measures.

Ambassador Nguyen Quoc Dung visits and works in Minnesota, USA.
Ambassador Nguyen Quoc Dung visits and works in Minnesota, USA.From June 28-30, the Vietnamese Ambassador to the United States, Nguyen Quoc Dung, paid a visit and worked in Minnesota.
Vietnam encourages US businesses to expand investment in high technology.
Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.
Encourage U.S. businesses to expand investment in high-tech sectors.
Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.

The EU's move reflects concerns about fair competition and potential market distortions arising from Microsoft's extensive integration of OpenAI products into its core businesses. The EU's scrutiny follows a UK investigation into whether the balance of power between Microsoft and OpenAI has shifted, potentially giving one party more control or influence over the other.

VIET ANH



Source

Trending by Category

Most Read

Google Trends

Same author

Heritage

Figure

Enterprise

News

Political System

Destination

Product

Happy Vietnam
Technology from the heart

Technology from the heart

Sunset Dance

Sunset Dance

Spring rain

Spring rain