Last Updated: October 02, 2023, 16:04 IST
Nvidia had declined to remark following the French raid.
EU antitrust regulators haven’t opened a proper investigation into chips used for synthetic intelligence, the European Commission mentioned on Monday, days after the French competitors authority raided Nvidia for alleged anticompetitive practices.
EU antitrust regulators haven’t opened a proper investigation into chips used for synthetic intelligence, the European Commission mentioned on Monday, days after the French competitors authority raided Nvidia for alleged anti-competitive practices.
”There isn’t any formal investigation by the Commission into the matter you seek advice from,” a spokesperson for the EU govt mentioned in an electronic mail to Reuters when requested in regards to the concern.
Nvidia had declined to remark following the French raid.
Bloomberg News final week mentioned the EU antitrust watchdog was informally accumulating views on probably abusive practices available in the market for graphics course of models.
Nvidia makes graphics processing models (GPUs), chips that break down a pc job into smaller items and processes them collectively, making it sooner than conventional strategies.
The GPUs are extremely sought by expertise firms for his or her information centres, by online game console makers and even by bitcoin miners to resolve the advanced math puzzles and earn extra cryptocurrencies.
Nvidia has a near-monopoly of the GPU market with 84% market share, leagues forward of rivals Intel (INTC.O) and AMD (AMD.O). With a market valuation of $1 trillion, Nvidia can be changing into essential to fast-developing synthetic intelligence (AI) expertise.
(This story has been edited by News18 workers and is revealed from a syndicated news company feed – Reuters)
Source web site: www.news18.com
