circleAbout ChatGPT A huge opening in November 2022artificial intelligencethe startup behind it has captured the attention of the business world. But as always, big tech companies are once again leading the charge.artificial intelligenceApple is currently competing with Microsoft, an older tech giant, for the title of most valuable company in the world. Like Microsoft, Apple is investing in a diverse ecosystem of startups to strengthen its lead. Unsurprisingly, given regulators’ “techlash” mentality, both companies are high on antitrust watch lists.
Don’t be put off. Antitrust enforcers may have notoriously abused their powers in recent years in their attempts to cut big companies down. But big tech companies in Silicon Valley and elsewhere have long shown a notorious tendency to strut their stuff in their digital spheres. What’s interesting is the speed at which antitrust authorities act. Historically, such investigations have tended to be labyrinthine. It took 40 years for the Supreme Court to order DuPont de Nemours, a major U.S. chemical company, to sell its anticompetitive stock in General Motors. DuPont began buying up General Motors in 1917. GM It was a new car manufacturer.FTCUS antitrust regulators are still battling social media giant Meta to unwind Facebook’s acquisitions of Instagram and WhatsApp 12 and 10 years ago, respectively.
