Nvidia faces DOJ probe over antitrust complaints- The Information
) is facing a probe from the U.S. Department of Justice over complaints its rivals that the chipmaker is abusing its market dominance in developing advanced chips for artificial intelligence, The Information reported on Thursday.Complaints included allegations that the chipmaker was threatening to punish customers that bought products from its rivals, as well as antitrust concerns over the firm’s acquisition of AI startups to strengthen its hold on the industry.
The firm produces the most advanced chips used to run artificial intelligence programs, and saw a massive valuation spike over the past year as it benefited from increasing interest in AI. Earlier on Thursday, reports also showed that U.S. progressive groups and Democratic Senator Elizabeth Warren called on the DOJ to investigate Nvidia over anti-competitive behaviour.Scan QR code to install app
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