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EU's Vestager meets French tech firm Mistral AI amid competition concerns [Reuters]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Reuters
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
BRUSSELS, April 26 (Reuters) - European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met on Friday fast-growing French start-up company Mistral AI and said the sector needs more competition. In February, Microsoft invested $16 million in Mistral AI and partnered with them to make its artificial intelligence models available through its Azure platform. It has also invested in ChatGPT owner OpenAI. Report this ad Other high-profile AI partnerships include Amazon and Google's investments in Anthropic, triggering regulatory concerns that tech giants may once again dominate in this developing field as they have in other more traditional areas. "If we act early on, we can avoid that the #AI market gets dominated by a few large players, like we saw happening with #digital #platforms. We need vibrant #competition in AI, now," Vestager wrote on her X account. "Good meeting with @MistralAI today," added Vestager, who p [Read more]
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Stockreport

EU's Vestager meets French tech firm Mistral AI amid competition concerns [Reuters]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Reuters
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
BRUSSELS, April 26 (Reuters) - European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met on Friday fast-growing French start-up company Mistral AI and said the sector needs more competition. In February, Microsoft invested $16 million in Mistral AI and partnered with them to make its artificial intelligence models available through its Azure platform. It has also invested in ChatGPT owner OpenAI. Report this ad Other high-profile AI partnerships include Amazon and Google's investments in Anthropic, triggering regulatory concerns that tech giants may once again dominate in this developing field as they have in other more traditional areas. "If we act early on, we can avoid that the #AI market gets dominated by a few large players, like we saw happening with #digital #platforms. We need vibrant #competition in AI, now," Vestager wrote on her X account. "Good meeting with @MistralAI today," added Vestager, who p [Read more]
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GOOG
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EVENT DAY
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LAST PRICE AT
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Low:
%
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%
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PRICE CHANGE PERCENTAGE
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VOLUME (SHARES)
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EVENT DAY
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