At daybreak on Wednesday, French antitrust authorities carried out a shock raid on an organization within the nation that makes a speciality of graphics playing cards – reportedly The Wall Street Journal And Challenges Enterprise Journal, that firm was NVIDIA. We have reached out to NVIDIA for clarification and a spokesperson declined to remark. Here is what we all know for positive:

The French Competitors Authority carried out a shock raid early Wednesday morning on “an organization suspected of anticompetitive practices within the graphics card sector,” French authorities mentioned. Brief press release From the organizer. The raid was linked to Greater investigation Within the well being of the cloud computing market, with a concentrate on figuring out whether or not new firms are being unfairly squeezed by bigger firms. The outcomes of this investigation have been revealed in June, and centered on three “hyperscalers”: Amazon Internet Providers, Google Cloud, and Microsoft Azure.

“The potential for a brand new operator to have the ability to achieve market share shortly seems restricted, aside from firms which can be already robust in different digital markets,” the findings learn partially. NVIDIA was not talked about within the authentic cloud investigation.

NVIDIA has seen main monetary success this 12 months amid the AI ​​growth. NVIDIA’s AI chips and information facilities are in excessive demand, and the corporate smashed its newest earnings forecast, producing $13.51 billion within the second quarter of 2023, in comparison with $6.7 billion in 2022.

Because the French Competitors Authority notes, the raid doesn’t imply that the focused firm is responsible of anticompetitive practices – however it’s a transfer of confidence from the regulator.