NVIDIA faces global scrutiny from government regulators over its dominance in the AI chip market, as the GPU maker sells more than 90% of all AI chips. NVIDIA is the company powering this global push into artificial intelligence-powered systems, tools, and software, as the Jensen Huang-led GPU maker currently creates the best hardware to train AI models. The valuation of NVIDIA has since corrected, but it's market dominance in the AI chip market has remained the same, which has caught the attention of numerous government regulators. Furthermore, the new report states NVIDIA is putting together a strategy to respond to any government regulatory interest over its dominance in markets, specifically the AI chip market where NVIDIA holds at least 80% market share. In response to these allegations NVIDIA said its datasets used to train AI models are in "full compliance" with copyright laws.

Source: New York Times August 06, 2024 12:21 UTC