Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
The Star Online - Tech·2024-04-18 08:00
(Reuters) -EU antitrust regulators have concluded that Microsoft's $13 billion investment into OpenAI is not an acquisition, sources familiar with the matter said on Wednesday, signaling the deal will avoid a formal European probe that could have led to onerous remedies for the U.S. tech giant.
Microsoft declined to comment, while OpenAI and a spokesperson of the European Commission did not immediately respond to Reuters requests for comment.
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