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Update: Market Chatter: Google Asks FTC to End Microsoft's Exclusive OpenAI Hosting Deal
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Update: Market Chatter: Google Asks FTC to End Microsoft's Exclusive OpenAI Hosting Deal
Dec 12, 2024 1:11 AM

03:48 AM EST, 12/12/2024 (MT Newswires) -- (Updates with responses from Google ( GOOG ), Microsoft ( MSFT ) and the FTC in the third paragraph.)

Alphabet's (GOOGL, GOOG) Google ( GOOG ) recently asked the US government to intervene to end Microsoft's ( MSFT ) deal to host OpenAI's technology on its cloud servers, The Information reported Tuesday, citing a person directly involved in the effort.

Google ( GOOG ) made the request after the Federal Trade Commission asked it about Microsoft's ( MSFT ) practices as part of an ongoing probe, the report said.

Google ( GOOG ), Microsoft ( MSFT ) and the Federal Trade Commission declined to comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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