Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms 
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears 
TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
US Resumes Dollar Shipments to Iraq After Months-Long Suspension 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Google is urging the FTC to break Microsoft’s exclusive OpenAI AI cloud arrangement, citing antitrust concerns and intensifying industry scrutiny. As regulators probe Microsoft’s market practices, rivals seek a fair chance to host OpenAI’s cutting-edge AI technology and level the competitive playing field.
Google Challenges Microsoft's OpenAI AI Cloud Deal
The Information revealed on Tuesday that Google had recently requested that the United States government break up the exclusive cloud hosting arrangement that Microsoft had with OpenAI, which is a prominent player in the field of artificial intelligence.
As part of a larger inquiry, the Federal Trade Commission questioned Google about Microsoft's business practices, which led to the suggestion being made by Google, according to the article.
At the moment, Microsoft has an exclusive agreement with OpenAI to host the artificial intelligence technology of the company on its cloud servers. Businesses who are in direct competition with the cloud industry giant based in Redmond, Washington, are also interested in hosting OpenAI's cloud computing platform.
Microsoft and OpenAI Relationship Faces Antitrust Scrutiny
Microsoft is a significant investment in OpenAI, and the company's relationship with the artificial intelligence start-up has already attracted the attention of antitrust regulators. At the beginning of this year, the corporation decided against accepting an observer position on OpenAI's board in order to avoid any potential antitrust issues.
Reports from earlier this year indicated that the Federal Trade Commission is already contemplating conducting antitrust investigations into Microsoft, OpenAI, and Nvidia due to their dominant position in the artificial intelligence market, Investing.com says.
Google Battles Antitrust Claims Over Search Monopoly
At the same time, Google is dealing with its own antitrust action, which was brought about by a decision made by a judge in the United States earlier this year that the business had an unlawful monopoly over the market for internet search. Due to the verdict, it is possible that Google will eventually be forced to sell off its Chrome browser and Android operating system.
