EU checking if Microsoft's OpenAI investment falls under merger rules

The European Union is checking whether Microsoft’s investment in generative AI giant OpenAI is reviewable under the bloc’s merger regulations, it said today.The development comes in the wake of the turmoil at OpenAI in late November when the then board voted to oust founder and CEO Sam Altman — a shock move that triggered an aggressive counter manouever by OpenAI investor Microsoft, which stepped in to say it was hiring Altman. The tech giant also extended an offer to any other OpenAI staffers who wanted to ...