UK Competition Authority investigates competitive concerns in AI Foundation Model industry. Potential impacts on competition and innovation in various sectors.
EU introduces groundbreaking regulations to curb Big Tech dominance. Digital Markets Act seeks fair competition & consumer empowerment. Game-changer for tech industry.
OpenAI considers discontinuing EU business after new AI regulation adopted. AI regulation collisions could be catastrophic, and US-EU misalignment may lead to a fragmented regulatory landscape. CEO Sam Altman denies plans but stresses the need for continued dialogue on AI regulations. #AIregulation