{"id":85157,"date":"2023-09-29T12:09:23","date_gmt":"2023-09-29T09:09:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=85157"},"modified":"2025-09-12T21:36:39","modified_gmt":"2025-09-12T18:36:39","slug":"media-reports-of-searches-at-nvidias-french-office","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/media-reports-of-searches-at-nvidias-french-office\/","title":{"rendered":"Media reports of searches at Nvidia&#8217;s French office"},"content":{"rendered":"<p>French authorities conducted searches at Nvidia&#8217;s local office as part of an antitrust investigation into the cloud-computing sector. <a href=\"https:\/\/www.wsj.com\/tech\/ai\/nvidias-french-offices-raided-in-cloud-computing-competition-inquiry-97c094ea\">The Wall Street Journal<\/a>.<\/p>\n<p>Neither law enforcement nor the chipmaker&#8217;s representatives commented on the incident.<\/p>\n<p>The publication reported the raid on September 28. A day earlier, the French antitrust regulator Autorit\u00e9 de la Concurrence <a href=\"https:\/\/www.autoritedelaconcurrence.fr\/en\/press-release\/general-rapporteur-autorite-de-la-concurrence-indicates-unannounced-inspection-was\">issued<\/a> a press release, according to which investigative services \u201cconducted searches at the premises of the company suspected of anticompetitive practices in the graphics-card sector.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cSuch unexpected raids do not necessarily indicate a violation of the law that could be attributed to the company,\u201d the Autorit\u00e9 de la Concurrence clarified.<\/p>\n<\/blockquote>\n<p>They added that they would not comment on the name of the organisation.<\/p>\n<p>Earlier, the regulator published a study of the cloud-computing sector. The document does not mention Nvidia; attention was focused on Amazon Web Services, Google Cloud and Microsoft Azure.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIn 2021, Amazon and Microsoft accounted for 46% and 17% of revenues from <span data-descr=\"infrastructure as a service\" class=\"old_tooltip\">IaaS<\/span> and <span data-descr=\"platform as a service\" class=\"old_tooltip\">PaaS<\/span> services, respectively. Given their financial capabilities and digital ecosystems, these hyperscale companies may impede competition,\u201d the authors of the report noted.<\/p>\n<\/blockquote>\n<p>The document notes that the Autorit\u00e9 de la Concurrence has tools to combat unfair competition and abuses of the law.<\/p>\n<p>For the second quarter of the 2024 financial year Nvidia <a href=\"https:\/\/forklog.com\/en\/news\/nvidia-posts-record-profit-as-a-new-computer-era-begins\">posted a record profit<\/a>. CEO Jensen Huang attributed the results to a rapid shift toward AI deployment.<\/p>\n<p>The chipmaker&#8217;s Q1 2024 financial-year report <a href=\"https:\/\/forklog.com\/en\/news\/ai-tokens-surge-in-wake-of-nvidia-earnings-report\">triggered<\/a> a rally in AI-related cryptocurrencies.<\/p>\n<p>As reported in September, the issuer of USDT, Tether Limited <a href=\"https:\/\/forklog.com\/en\/news\/tether-bets-420m-on-nvidia-gpus\">spent $420 million<\/a> on purchasing 10,000 Nvidia H100 chips.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French authorities conducted searches at Nvidia&#8217;s local office as part of an antitrust investigation into the cloud-computing sector.<\/p>\n","protected":false},"author":1,"featured_media":85158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,134,1323,1294],"class_list":["post-85157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-france","tag-investigations","tag-nvidia"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=85157"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85157\/revisions"}],"predecessor-version":[{"id":85159,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/85157\/revisions\/85159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/85158"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=85157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=85157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=85157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}