French Authorities Reportedly Raided Nvidia Offices

French authorities reportedly raided Nvidia ’s local office this hebdomad to investigate the party ’s suspected anti - free-enterprise pattern . The maraud was based on a final opinion reputation by the Autorité de la concurrence which bring out amarket studyon swarm sector competition in June .

This is the first accusation Nvidia has faced since it became one of the top suppliers of artificial intelligence information chips since it started pushing its computer programming speech as early as 2006 . The company was key out as being the targeted foray , first report by The Wall Street Journal which adduce unnamed sources familiar with the thing .

The Autorité de la concurrence did not support in apress releaseon Wednesday whether the raid was on Nvidia , state only that it “ carried out a dawn foray at the premises of a caller suspected of having implemented anticompetitive practices in the graphics cards sector . ”

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In the summer of 2022 , the French authorities publish an other account of their initial findings while looking into the cloud layers as they related to IT infrastructure , and published its last opinion most a year later .

The results say : “ The likelihood of a new operator being capable to make marketplace portion rapidly seem circumscribed , excluding party who are already brawny in other digital market . ”

Major tech company includingMicrosoft and Amazon purchased Nvidia ’s in high spirits - oddment processorsto use in the development of productive AI language model , ensue in a declamatory profit for Nvidia . The companyreportedearning $ 13.5 billion in August , marking a record tax income increase of 101 % from the same sentence last yr . Its 2nd quarterly report said Nvidia ’s tax income had also increased by a scandalous 88 % from the first quarter of this twelvemonth . “ A raw computer science era has lead off . company worldwide are transition from general - purpose to accelerated computing and procreative AI , ” Jensen Huang , founder and CEO of Nvidia said in the Q2 report . The advance of generative AI is reportedly behind Nvidia ’s skyrocket revenue , bring up its evaluation to $ 1 trillionin June .

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In the Gallic contest authority report , Nvidia is not specifically name , but it says that “ increase use of artificial intelligence will drive growth in requirement for cloud services , ” adding that based on rising cloud technology , contention regulators must “ assure that show musician do not block the development of small or new instrumentalist . ”

The Autorité de la concurrence did note in its study that the “ break of day raids do not pre - suppose the beingness of a falling out of the law which could be imputed to the troupe involve in the alleged practices . ” It added that only by conducting a full investigating , would it be able to establish the merit of the case .

This is not the first time French authorities have cracked down on heavy tech ship’s company ’ practices . In September , the country threatened torecall Apple ’s iPhone 12and suspend its sales after it found exceedingly gamy actinotherapy levels emitted from the speech sound , resulting inApple releasing a software updateto the French grocery store , claiming it had fixed the problem .

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