Nvidia to face antitrust charges in France: sources

ARTICLE: Nvidia is set to be charged with violating antitrust laws in France.

This is according to Reuters sources with direct knowledge of the matter.

If confirmed, it would be the first action by a national law enforcement agency against a leader in artificial intelligence-based integrated circuits.

Neither the French antitrust authority nor the company itself have commented on the report.

However, sources say the attacks carried out in September last year targeted Nvidia and were part of a broader investigation into cloud computing.

Last week, the French regulator published a report on competition in artificial intelligence, highlighting the risk of abuse by chip suppliers.

The company expressed concerns about the sector’s dependence on Nvidia software and worries about recent investments in cloud providers.

Companies found to be in breach of French antitrust rules risk fines of up to 10% of their annual worldwide turnover.

Although they may offer concessions that will allow them to avoid punishment.

US sources say the Department of Justice is investigating Nvidia.

The company is under scrutiny for its dominant position in the AI ​​chips market, which power systems like ChatGPT.