Microsoft’s Multibillion-Dollar Investment in OpenAI Could Face Merger Probe in the EU

Microsoft’s multibillion-dollar investment in artificial intelligence firm OpenAI could face a full-blown merger investigation in the European Union, EU officials signaled Tuesday.

The European Commission, which is the executive arm of the EU, said it was embarking on a competition investigation looking at the markets for virtual worlds and generative artificial intelligence.

As part of its assessment, the commission said it wants to understand how competitive these markets are currently and gain insight on how competition law can help these fields.

Read the source article at CNBC