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

Can Matt Gaetz return to Congress after failed attorney general bid?

Matt Gaetz shocked Washington on Thursday with his announcement he was dropping out of consideration to be...

'Unidentified product' found in US tap water could be toxic, study says

Tap water for about 1 in 3 Americans could contain a byproduct from the decontamination process that...

Matt Gaetz withdraws from consideration as Donald Trump's attorney general

Former Republican Rep. Matt Gaetz announced Thursday he is withdrawing his name from consideration to be President-elect...

Here's What the Latest Science Tells Us About Ivermectin

EARLY IN THE Covid pandemic, some medicines got reputations for potentially being able to treat the virus,...

Deadly bomb cyclone hits Pacific Northwest, bringing high winds and devastating damage

At least two people have died after a bomb cyclone slammed into the Pacific Northwest, snapping tree...

Weekend storm dishes another brutal blast of winter to the Prairies

There's no easing into winter across the Prairies this week, as back-to-back storm systems bring plunging temperatures,...

Winter Weather Advisory issued for parts of area; Latest track, timing, impacts for snow

Snow showers are likely on Thursday for the snowflakes of the season.The National Weather Service has issued...

Russia says new US base in Poland raises overall nuclear danger

MOSCOW/WARSAW (Reuters) -Russia said on Thursday that a new U.S. ballistic missile defence base in northern Poland...