Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Nvidia has initiated legal action against the European Union's antitrust regulators regarding their investigation into the company's proposed $700 million acquisition of AI startup Run:ai. The lawsuit contends that the EU's scrutiny of the deal is unjustified, as the acquisition falls below the typical merger review threshold. The EU invoked a special provision, Article 22, to conduct its review, which Nvidia claims is an overreach. This legal challenge highlights ongoing tensions between major tech firms and regulatory bodies in Europe as they navigate the complexities of antitrust laws in the rapidly evolving AI sector.
🚨NVIDIA SUES EU REGULATORS OVER AI MERGER PROBE Nvidia is suing EU antitrust regulators for investigating its $700 million purchase of AI startup Run:ai, even though the deal was below the EU’s usual merger review threshold. The EU used a special rule, Article 22, to review… https://t.co/eVa982yaEH https://t.co/uaKBB0nqEw
Interesting: Nvidia sues EU antitrust regulators, claiming they weren't allowed to investigate the https://t.co/FTgFlhnW6D acquisition https://t.co/9t0PTAe5fB
📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $NVDA Nvidia Challenges EU's Antitrust Authority Over AI Startup Run:ai Acquisition Scrutiny https://t.co/wEmHALFord
