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Alphabet (GOOGL) Faces EU Antitrust Probe on AI, Pressuring Meta (META) as Scrutiny Intensifies

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The Story

News Summary

  • The EU has launched a broad antitrust probe into Google's AI practices that may limit rivals and affect data use, while Meta faces scrutiny over its AI tools.
  • These regulatory actions pose significant risks to Google's and Meta's AI business models, potentially slowing innovation and impacting revenues.
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META price history

665.60 +5.32% over the displayed period

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