Shares of Nvidia rose more than 5% Wednesday, pushing the company's market cap above Apple for the first time.
Nvidia’s surge in market value to leapfrog Apple marks another milestone in the tech sector amid a frenzy around artificial intelligence.
Under the deal, the U.S. Department of Justice will take the lead in investigating whether Nvidia violated antitrust laws, while the FTC will examine the conduct of OpenAI and Microsoft, the report said. While OpenAI's parent is a nonprofit, Microsoft has invested $13 billion in a for-profit subsidiary, for what would be a 49% stake.