icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Google (GOOGL.US) reportedly asked the Federal Trade Commission to stop Microsoft's cloud deal with OpenAI.

Market IntelWednesday, Dec 11, 2024 4:10 am ET
1min read

Google (GOOGL.US) has officially requested the US government to terminate its agreement with Microsoft (MSFT.US) to exclusively host OpenAI technology on its cloud servers, according to a person familiar with the discussions. The request comes in the context of a broader investigation by the US Federal Trade Commission into Microsoft's business practices.The conversation was sparked by the FTC's investigation, which asked Google about Microsoft's business practices, and the tech companies, including Amazon (AMZN.US), are also hoping to host OpenAI's models, allowing their cloud customers to use OpenAI's technology without accessing Microsoft's servers.For companies that haven't used Microsoft servers, buying OpenAI's technology through Microsoft may come with additional costs, according to the report. Google and other competitors have emphasized that these added costs would harm customers.However, Google declined to comment on the information report. Microsoft, OpenAI, and the FTC have not yet responded to Reuters' requests for comment. Overall, the event reflects the intense competition in the cloud server market and the complex relationships between large tech companies in terms of technology hosting and cooperation.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.