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Transactional
Qualcomm Acquires Modular to Expand AI Infrastructure Software
Qualcomm has reached an agreement to acquire AI software infrastructure developer Modular, expanding its software foundation for generative and agentic AI across data center and edge environments. The transaction is expected to strengthen Qualcomm’s ability to deliver a silicon-agnostic compute layer across CPUs, GPUs, NPUs, and custom ASICs without requiring developers to rewrite code for each accelerator. The deal is scheduled to close in the second half of 2026, subject to customary closing conditions and regulatory approvals...
Litigation
Nvidia Faces Federal Lawsuit in California Over Unauthorized AI Model Training
Jamendo, a Luxembourg-based online music platform, has filed a federal lawsuit in California against Nvidia, seeking at least $20.3 million over the alleged unauthorized use of its music database to train AI models. The complaint accuses Nvidia of using a 56,000-track dataset, created by Jamendo and the Music Technology Group at Barcelona’s Universitat Pompeu Fabra, to train its Fugatto and Audio Flamingo products despite restrictions limiting the data to non-commercial academic use...
Policy
European Commission Moves to Subject Amazon and Microsoft Cloud Services to...
The European Commission has preliminarily concluded that Amazon Web Services and Microsoft Azure should fall under the European Union’s digital dominance rules, Politico reported. The decision would extend the Digital Markets Act into cloud infrastructure for the first time, targeting Europe’s €220 billion cloud computing market. Both companies have until December to argue against being designated as gatekeepers...
Features
Italy’s Competition Authority Launches Antitrust Investigation Into Microsoft Over AI Subscription...
Italy's competition authority launched an antitrust investigation into Microsoft and Microsoft Ireland Operations over alleged unfair commercial practices involving its AI pricing transparency, as reported by Yahoo Finance. The regulator stated that the tech company may have failed to clearly inform consumers about price increases for Microsoft 365 following the integration of its generative AI tools, Copilot and Designer...
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The Top 25 Private Equity Attorneys of 2024
Attorney Intel is pleased to announce The Top 25 Private Equity Attorneys of 2024. These attorneys are essential players in the private equity sector, guiding clients through the complexities of fund formation, mergers and acquisitions, and regulatory frameworks. Their work involves not only structuring high-stakes transactions but also advising on compliance matters and strategic investments that drive growth and innovation across various industries...
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