Sen. Elizabeth Warren is publicly backing the Justice Department’s apparent probe into Nvidia’s alleged anticompetitive tactics after the agency ramped up its investigation into the tech giant earlier this week.
The lawmaker from Massachusetts, who built her political career on advocating for competitive markets in the financial sector, sent a letter to Assistant Attorney General Jonathan Kanter on Thursday voicing support for the apparent probe following reports that the DOJ sent legal requests to Nvidia and other companies. Nvidia denied on Wednesday that it was subpoenaed.
“Allowing a single company so much influence over AI research, development, and monetization poses dire economic risks,” Warren wrote in the letter, which was exclusively obtained by Business Insider.
In a statement Friday, a Nvidia spokesperson said the company’s success was based on “decades of investment and innovation.”
“NVIDIA wins on merit, as reflected in our benchmark results and value to customers, who can choose whatever solution is best for them,” the spokesperson said. “We compete …