Nvidia set to face French antitrust charges
French antitrust enforcers are set to charge Nvidia Corp for illegal anticompetitive Reuters report, the world’s most valuable chipmaker faces mounting regulatory scrutiny.
Nvidia Corp, the world’s largest maker of chips utilized both for AI and for computer graphics, has seen demand for its chips jump following the release of the ChatGPT.
The French authority and Nvidia declined comment. The company in a regulatory filing last year said regulators in the European Union, China and France had asked for information on its graphic cards.
Also, the French watchdog in report reported last Friday on competition in generative AI cited the risk of abuse by chip providers.
It stated the concerns about the sector’s dependence on Nvidia’s CUDA Chip programing software, which is the only system compatible with the GPUs that have become more vital for accelerated computing.
It also questioned Nvidia’s recent investments in different AI-oriented Cloud service providers like Coreweave.
Furthmore, Organization risk fines of as much as 10% of their global annual turnover for violating French antitrust rule, moreover they can also offer concessions to avoid penalties.
As per Reuters, The US Justice Department is also investigating Nvidia as it divvies up Big Tech investigation with the Federal Trade commission.
