Rep. Pramila Jayapal previewed a bill that would require large AI companies to obtain a federal charter to operate, modeled on bank licensing, while opposing an antitrust waiver sought by the industry.
Tag: Big Tech
Posted inMarkets
Alphabet, Amazon and Microsoft Add $1.5 Trillion After AI Cloud Earnings Vindicate Capex
Alphabet, Amazon and Microsoft’s cloud beats sent the S&P 500 to its best week since October 2023, adding $1.5 trillion in combined market value as investor anxiety over AI spending reversed.
Posted inTech
Microsoft and OpenAI end exclusivity in a partnership reset that opens ChatGPT to all clouds
An amended agreement announced April 27 makes Microsoft’s AI license non-exclusive through 2032, lets OpenAI sell through any cloud provider, and ends the revenue share Microsoft paid — a structural shift driven by OpenAI’s $50 billion Amazon deal.
Posted inTech
Big AI uses Big Tobacco tactics to capture regulation, new study finds
A peer-reviewed study by Edinburgh, TU Delft, CMU and Trinity College catalogues 249 cases of AI firms using Big Tobacco-style tactics to shape regulation.
Posted inTech
EU opens sweeping antitrust inquiry into Big Tech’s AI operations
The European Commission’s competition directorate confirmed in March 2026 that it has opened a wide-ranging inquiry into how large technology companies are using AI to entrench market power, targeting practices at Nvidia, Meta, Google, and Microsoft simultaneously.