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     French antitrust accusations for Nvidia, sources say
    Economy

     French antitrust accusations for Nvidia, sources say

    Olya SmithBy Olya SmithJuly 2, 2024No Comments1 Min Read
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    image credit: Nvidia

    The French antitrust agency will be the first to punish Nvidia for anti-competitive actions, according to sources.
    Sources say the French statement of objections or charge sheet followed September dawn raids on Nvidia’s graphics cards. The raids were part of a cloud computing investigation.

    After the debut of ChatGPT, the world’s largest maker of AI and computer graphics chips saw demand rise, prompting regulatory scrutiny on both sides of the Atlantic.
    Nvidia and the French regulator, which publishes some but not all company complaints, rejected comment. According to a regulatory filing last year, EU, Chinese, and French officials had requested graphic card data.

    Since the French government is investigating Nvidia, additional sources claimed the European Commission is unlikely to widen its preliminary review.

    It raised concerns about the sector’s dependence on Nvidia’s CUDA chip programming language, the only system 100% compatible with GPUs needed for accelerated computing.

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    Olya Smith
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    I'm Olya Smith and I'm a business journalist with a background in economics and finance. From macroeconomic trends to the latest developments in fintech, I have a passion for exploring the forces shaping the business landscape and the implications for companies and consumers alike.

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