EU regulators rule Microsoft's $13bn OpenAI investment not an acquisition, avoiding a formal EU merger probe.
EU regulators have determined that Microsoft's $13bn investment in OpenAI does not constitute an acquisition, avoiding a formal EU merger probe. However, the deal remains under informal scrutiny in other regions, with the UK and US considering investigations. To avoid further probes, Microsoft is seeking partnerships with other AI firms, such as their recent agreement with French startup Mistral AI.
April 17, 2024
20 Articles