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French Authorities Raid Nvidia as Europe Tightens Grip on Big Tech

September 29, 2023
in Metaverse
Reading Time: 5 mins read
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by Agne Cimermanaite

Revealed: September 29, 2023 at 9:47 am Up to date: September 29, 2023 at 9:47 am

by Victor Dey

Edited and fact-checked:

In Temporary

French regulators have carried out a shock raid on Nvidia, a significant GPU know-how agency, as a part of a wider European effort to curb Large Tech’s dominance.

The demand for GPUs spans a number of sectors, with functions starting from information facilities to video video games and crypto mining.

French Authorities Raid Nvidia's Offices Amid European Crackdown on Big Tech Dominance

French regulators lately carried out a shock raid on Nvidia, a number one know-how agency specializing in graphics processing models (GPUs). The motion is a part of a broader initiative by European authorities to rein within the monopolistic tendencies of Large Tech giants and guarantee truthful competitors within the tech sector.

The French competitors authority, the FCA, carried out the raid on Nvidia’s workplaces, expressing rising issues concerning the firm’s 84% dominance within the GPU market and its key function in powering applied sciences like AI and cryptocurrency mining.

The FCA Targets Nvidia Over GPU Dominance Amid Hovering Demand

The demand for GPUs could be very excessive amongst numerous sectors that depend on their computing energy. Information middle operators, online game console producers and bitcoin miners use GPUs to carry out complicated duties and optimize their efficiency. GPUs are important for processing giant quantities of knowledge, rendering lifelike graphics, and fixing cryptographic issues.

A number of months in the past, Nvidia reported a formidable income of $7.19 billion, a 19% enhance from the earlier quarter. Nvidia’s information middle choices, together with specialised GPUs just like the A100 Tensor Core GPU, are in excessive demand for functions corresponding to AI, deep studying, analysis, and information analytics.

The sturdy income development is attributed to the rising demand for generative AI and enormous language fashions utilizing Nvidia’s GPUs based mostly on the Hopper and Ampere architectures. Giant web corporations and cloud service suppliers are among the many key clients driving this demand.

French Regulators Goal Tech Giants

The FCA’s transfer comes after its earlier report on cloud computing sector dominance by corporations like Amazon, Google and Microsoft, by which Nvidia had a noteworthy presence. Whereas the raid represents an preliminary step, it might result in courtroom proceedings and doubtlessly influence the FCA’s bigger case in opposition to Nvidia if it faces authorized challenges.

The French competitors authority acknowledged that its latest motion is a results of a extra in depth investigation into the cloud computing sector. The broader investigation is centered on issues that cloud computing corporations might use their computing useful resource management to sideline smaller opponents.

This motion aligns with European efforts to make sure a degree enjoying area within the tech business and shield competitors by numerous authorized avenues and proposed rules, such because the EU Information Act.

In latest months, French authorities have been actively focusing on giant tech corporations. This month, the FCA halted gross sales of Apple’s iPhone 12 and warned of a possible recall as a result of cellphone surpassing radiation emission limits. This motion led Apple to situation a software program replace particularly for the French market.

Disclaimer

Any information, textual content, or different content material on this web page is offered as basic market info and never as funding recommendation. Previous efficiency just isn’t essentially an indicator of future outcomes.

The Trust ProjectThe Trust Project

The Belief Mission is a worldwide group of reports organizations working to ascertain transparency requirements.

Agne is a journalist who covers the most recent tendencies and developments within the metaverse, AI, and Web3 industries for the Metaverse Publish. Her ardour for storytelling has led her to conduct quite a few interviews with specialists in these fields, at all times in search of to uncover thrilling and fascinating tales. Agne holds a Bachelor’s diploma in Literary Research from the College of Amsterdam and has an in depth background in writing about a variety of subjects together with cybersecurity, journey, artwork, and tradition. She has additionally volunteered as an editor for the animal rights group, “Open Cages,” the place she helped increase consciousness about animal welfare points. At the moment, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, the place she continues to pursue her ardour for journalism. Contact her on [email protected].

Extra articles

Agne is a journalist who covers the most recent tendencies and developments within the metaverse, AI, and Web3 industries for the Metaverse Publish. Her ardour for storytelling has led her to conduct quite a few interviews with specialists in these fields, at all times in search of to uncover thrilling and fascinating tales. Agne holds a Bachelor’s diploma in Literary Research from the College of Amsterdam and has an in depth background in writing about a variety of subjects together with cybersecurity, journey, artwork, and tradition. She has additionally volunteered as an editor for the animal rights group, “Open Cages,” the place she helped increase consciousness about animal welfare points. At the moment, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, the place she continues to pursue her ardour for journalism. Contact her on [email protected].

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Tags: authoritiesBigEuropeFrenchGripNvidiaraidTechTightens
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