Microsoft’s $13 Billion OpenAI Deal to Avoid Formal EU Probe
- Regulators don’t see evidence of Microsoft controlling OpenAI
- Formal probe could have risked EU order to unwind the tie-up
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Microsoft Corp.’s $13 billion investment into OpenAI Inc. is set to avoid a formal investigation by European Union merger watchdogs, calming fears that the relationship could be forced apart.
The European Commission has decided that the tie-up doesn’t merit a formal probe because it falls short of a takeover and that Microsoft doesn’t control the direction of OpenAI, according to people familiar with the matter.