Big Tech firms are facing scrutiny over market dominance in artificial intelligence
Facebook owner Meta has signed a multibillion-dollar agreement to rent artificial intelligence chips from Google to support the development of new AI models, tech news outlet The Information reported on Thursday, citing a person involved in the talks.
Big Tech firms are facing increasing regulatory pressure amid massive investments in AI. The US authorities have pushed for safeguards tied to national security and responsible deployment of the technology. At the same time, European regulators are tightening rules on transparency, safety, and market dominance…
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