The launch of ChatGPT in November 2022 brought attention to OpenAI and gained significant recognition in the business world. However, big tech companies like Nvidia and Microsoft are now at the forefront of competition, striving to become the world’s most valuable company. Nvidia, known for its accelerator chips used in generative AI, is facing off against Microsoft, a tech giant with a long-standing presence in the industry.
Both companies are investing heavily in startups to strengthen their positions in the market, all while being closely monitored by antitrust agencies due to concerns about their market dominance. While regulatory authorities have faced criticism for overreaching in their efforts to regulate big tech companies, antitrust authorities seem to be taking a proactive approach and moving swiftly to investigate potential anticompetitive practices.
Compared to historical cases that took decades to resolve, current investigations are progressing at a faster pace. For example, the FTC’s battle with Meta over Facebook’s acquisitions of Instagram and WhatsApp is ongoing, highlighting a more rapid response from authorities in addressing antitrust concerns. The behavior of Silicon Valley incumbents has also been called into question as regulatory authorities continue their investigation into potential anticompetitive practices.
