OpenAI has gone straight to European Union regulators to report what it sees as serious anti-competitive behavior by Google, Microsoft, and 0 to official notes from a September 24 meeting with EU antitrust chief Teresa Ribera, the AI firm said it’s facing “difficulties in competing with entrenched companies” and urged the bloc’s watchdogs to act fast to “avoid the lock-in of customers by large platforms.” The meeting, described as “hybrid,” included some people physically present and others dialing in by video. A person who was briefed allegedly said that those three companies were named directly by 1 were accused of blocking fair access to essential data and tools needed to compete in the AI market, especially in areas like cloud services and app 2 pushes back on Microsoft, warns of competition risks An OpenAI spokesperson, when contacted , didn’t offer new remarks but referred reporters to an earlier company blog post that already raised alarms about unfair AI competition and bottlenecks in inputs and distribution, a not-so-subtle jab at 3 this latest move stops short of a formal antitrust complaint, it’s a clear warning 4 company is basically telling Brussels: either step in now or risk seeing a few giants control all of 5 stakes are even higher considering OpenAI’s complicated relationship with Microsoft.
Yes, they’re still tied 6 continues to pour cash into 7 let’s not pretend they’re not rivals 8 has aggressively built Copilot, a personal assistant app directly competing with ChatGPT, OpenAI’s top 9 OpenAI? It’s been expanding into the business sector, which just happens to be Microsoft’s biggest revenue source. Tensions? Yeah, they’re 10 money flood boosts OpenAI, raises stakes for Oracle While OpenAI goes after Big Tech in Brussels, it’s also making massive financial moves in the infrastructure 11 a day after OpenAI and Nvidia announced a $100 billion investment plan, OpenAI dropped another bomb: a separate $300 billion deal with Oracle to build data centers across the United States.
Oracle, meanwhile, is spending billions on Nvidia GPUs to power those centers, meaning Nvidia’s cash cycle continues to 12 Oracle’s profits aren’t keeping up. A report on Tuesday, based on leaked internal numbers, said the firm’s cloud margins were far thinner than expected, only $0.14 in profit per $1 in sales, despite generating about $900 million last quarter from server rentals powered by Nvidia 13 leak, published by The Information, triggered a drop in Oracle stock and even rattled the wider tech 14 that same day, insiders revealed that Nvidia plans to throw another $2 billion in equity into xAI, Elon Musk’s new AI 15 total xAI funding round, now set to reach $20 billion, will include $7.5 billion in equity and up to $12.5 billion in debt, using a special purpose 16 SPV will buy Nvidia 17 xAI will rent those same chips back, for five 18 structure ties Nvidia’s hardware directly to xAI’s 19 up to $30,050 in trading rewards when you join Bybit today
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