Thursday, June 6, 2024

"US Agencies To Probe AI Dominance of Nvidia, Microsoft, and OpenAI" (NVDA; MSFT) plus: the all-purpose turnaround lives!

Hmmm...apparently something Intel doesn't have to worry about, 'AI dominance'. Nor ARM or AMD.

From Ars Technica, June 6:

DOJ to probe Nvidia while FTC takes lead in investigating Microsoft and OpenAI.

The US Justice Department and Federal Trade Commission reportedly plan investigations into whether Nvidia, Microsoft, and OpenAI are snuffing out competition in artificial intelligence technology.

The agencies struck a deal on how to divide up the investigations, The New York Times reported yesterday. Under this deal, the Justice Department will take the lead role in investigating Nvidia's behavior while the FTC will take the lead in investigating Microsoft and OpenAI.

The agencies' agreement "allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI, and Nvidia play in the artificial intelligence industry, in the strongest sign of how regulatory scrutiny into the powerful technology has escalated," the NYT wrote.

One potential area of investigation is Nvidia's chip dominance, "including how the company's software locks customers into using its chips, as well as how Nvidia distributes those chips to customers," the report said. An Nvidia spokesperson declined to comment when contacted by Ars today.

High-end GPUs are “scarce,” antitrust chief says
Jonathan Kanter, the assistant attorney general in charge of the DOJ's antitrust division, discussed the agency's plans in an interview with the Financial Times this week. Kanter said the DOJ is examining "monopoly choke points and the competitive landscape" in AI.

The DOJ's examination of the sector encompasses "everything from computing power and the data used to train large language models, to cloud service providers, engineering talent and access to essential hardware such as graphics processing unit chips," the FT wrote.

Kanter said regulators are worried that AI is "at the high-water mark of competition, not the floor" and want to take action before smaller competitors are shut out of the market. The GPUs needed to train large language models are a "scarce resource," he was quoted as saying.

"Sometimes the most meaningful intervention is when the intervention is in real time," Kanter told the Financial Times. "The beauty of that is you can be less invasive."....

....MUCH MORE

Ha! The all-purpose turnaround!

From a July 2007 post, "Do It For The Cows":
I know a securities salesman who uses what he calls "the all-purpose turnaround".

If he's hustling new business and a county says "We don't need no interest rate swaps" his response is "That's the beauty of it".
In the middle of a negotiation with a current customer (a gold miner) on adjusting their hedge book, they want clarification on exposure in the mark-to-market, "That's the beauty of it".

When I first heard his all-purpose turnaround I thought it was genius; if needed, it put a crowbar into the gears of the discussion, setting a new zero point.
Later I realized he would use it when he couldn't think of anything else to say, akin to the politicians who blather "Do it for the children".

I'm tired of "Do it for the Children". Don't misunderstand, I like kids. Kids like me. So do dogs. And lunatics.
On the street there can be a thousand people and I'm the one the deranged want to share their RFID, 50USCode, carrier group theories with.

So. I like kids, I don't like politicians who say "Do it for the children" more than, oh, once a year.
I have decided to mentally substitute "Do it for the cows" when a politician's lips start move.

This has mental effects. Because you see what you look for, I am more attuned to stories of the bovine persuasion, I have a greater appreciation of those who ruminate and am a ready audience for any ten-year-old with a cow joke.

I can appreciate Fat Knowledge's borderline DSM-IV obsession with Bovinae.


AltEnergyStocks has a post up, A Modest Proposal: Cellulosic Beef, which displays a profound understanding of the hoof-ed ones (although why he didn't sniff "Let them eat grass", je ne comprends pas):
...Let Cows Eat Grass