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Final Up to date: 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 Fee 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 Fee mentioned on Monday, days after the French competitors authority raided Nvidia for alleged anti-competitive practices.
”There isn’t a formal investigation by the Fee into the matter you consult with,” a spokesperson for the EU govt mentioned in an e mail to Reuters when requested in regards to the challenge.
Nvidia had declined to remark following the French raid.
Bloomberg Information final week mentioned the EU antitrust watchdog was informally accumulating views on probably abusive practices available in the market for graphics course of items.
Nvidia makes graphics processing items (GPUs), chips that break down a pc activity into smaller items and processes them collectively, making it quicker than conventional strategies.
The GPUs are extremely sought by know-how 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) know-how.
(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – Reuters)
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