US launches Nvidia antitrust probe after rivals' complaints, The Information reports

Date:

Share post:


(Reuters) -The U.S. Department of Justice (DOJ) has launched an investigation into Nvidia after complaints from competitors that it may have abused its market dominance in selling chips that power artificial intelligence, The Information reported on Thursday.

DOJ investigators are looking at whether Nvidia pressured cloud providers to buy multiple Nvidia products, the report said, citing people involved in the discussions.

The investigation is also looking into whether Nvidia charges its customers a higher price for networking gear if the customer wants to buy AI chips from rivals such as Advanced Micro Devices and Intel, the report added.

Nvidia commands roughly 80% of the AI chip market.

The company did not comment on the reported DOJ investigation, but said that it would provide any information that regulators require.

“We 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,” a Nvidia spokesperson said in a statement to Reuters .

The DOJ did not immediately respond to Reuters’ request for comment late Thursday.

The report said that investigators have reached out to several Nvidia competitors to gather more details.

U.S. progressive groups and Democratic Senator Elizabeth Warren have pressed the DOJ to investigate Nvidia over competition concerns.

The groups, which oppose monopolies and promote government oversight of tech companies, among other issues, took aim at Nvidia’s bundling of software and hardware, a practice that French antitrust enforcers have flagged as they prepare to bring charges.

(Reporting by Angela Christy and Mrinmay Dey in Bengaluru; Additional reporting by Devika Nair; Editing by Edwina Gibbs and Sonia Cheema)



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

Car hits 'pretty loaded' school bus carrying Lakota Local School District students

Students on a Lakota Local School District bus were involved in a crash in West Chester Township...

Homeless man dies after catching fire on Manhattan street corner: NYPD

A 48-year-old homeless man died early Thursday after he caught fire on a Gramercy street, officials said.Cops...

Donald Trump Supporters Are Already Finding Out What Their Vote Actually Meant, And The Stories Are Going Viral

In light of the 2024 election results, some have been evoking a 2015 meme that pretty succinctly...

Tropical Storm Sara forms in Caribbean, could threaten Florida next week

ORLANDO, Fla. — The National Hurricane Center said Tropical Storm Sara formed in the Caribbean on Thursday,...

Alex Jones Is Having a Total Meltdown Over The Onion Buying Infowars

Alex Jones is having a full meltdown on the cusp of InfoWars’s extinction.The far-right conspiracy network was...

More human remains from Philadelphia's 1985 MOVE bombing have been found at a museum

PHILADELPHIA (AP) — Additional human remains from a 1985 police bombing on the headquarters of a Black...

Satire publication The Onion buys Alex Jones' Infowars at auction with help from Sandy Hook families

The satirical news publication The Onion won the bidding for Alex Jones' Infowars at a bankruptcy auction,...

Video appears to show a Ukrainian Leopard tank taking out a column of Russian armored vehicles

Ukraine released a video showing an attack on a Russian armored convoy.The brigade said a Leopard 2...