Microsoft-OpenAI deal set to dodge formal EU merger probe

By
Follow google news

Not an acquisition.

Microsoft-OpenAI deal set to dodge formal EU merger probe
EU antitrust regulators have concluded that Microsoft's US$13 billion ($20 billion) investment into OpenAI is not an acquisition, sources familiar with the matter said, signalling the deal will avoid a formal European probe that could have led to onerous remedies for the US tech giant. Microsoft ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
aimicrosoftopenaisoftware

SPONSORED RESOURCES

Can your organisation prove its AI is trustworthy?
Can your organisation prove its AI is trustworthy?
AI Security Readiness
AI Security Readiness
Forcepoint AI Data Security
Forcepoint AI Data Security
How much open-source malware can you really prevent?
How much open-source malware can you really prevent?
ITIL® AI Governance
ITIL® AI Governance

Events

Most Read Articles

ASD says prompt injection in AI cannot be fixed

ASD says prompt injection in AI cannot be fixed
Westpac spends US$12,000 in AI tokens on intranet migration

Westpac spends US$12,000 in AI tokens on intranet migration
ATO culture keeps a cap on agentic AI ambitions

ATO culture keeps a cap on agentic AI ambitions
Telstra deploys AI agent to help it meet customer service guarantee

Telstra deploys AI agent to help it meet customer service guarantee
techpartner.news logo
Australian tech consultancy Alchemy Impact enters liquidation
Australian tech consultancy Alchemy Impact enters liquidation
Evergreen aims to add three more ANZ companies in next month
Evergreen aims to add three more ANZ companies in next month
xAmplify acquires ServiceNow specialist Accelerate IT Solutions
xAmplify acquires ServiceNow specialist Accelerate IT Solutions
ASD sounds out market for ITSM support
ASD sounds out market for ITSM support
Anthropic names head of ANZ enterprise
Anthropic names head of ANZ enterprise

Log In

  |  Forgot your password?