| |DECEMBER, 20239TECH MINTIn the first quarter of 2024, South Korea, the US, and India will organize an informal `trilateral technology dialogue'.The declaration was made on Friday, the same day that Seoul and Washington began their Next Generation Critical and Emerging Technologies Dialogue.The two sides agreed to hold "National Security Council and National Security Office-led consultations with like-minded partners on critical and emerging technologies including through launching an informal trilateral technology dialogue with India in the first quarter of 2024".This development coincides with India signing several agreements with developed nations to promote investment and innovation in vital technologies.One well-known example is the Initiative on Critical and Emerging Technologies (iCET), which the US and India launched in 2022. This program aims to strengthen academic and business sector collaboration in strategic and defense technologies between the two nations."They reviewed progress on various areas of bilateral Special Strategic Partnership, including in trade and investment, defense production, semiconductors and EV battery technology. They also exchanged views on regional and global issues," said the ministry of external affairs at the time.Additionally, Seoul and New Delhi have pushed for greater collaboration on vital technology. The topic came up during the September G20 leaders' conference in New Delhi during the bilateral discussion between President Yoon Seok-Yeol and Prime Minister Narendra Modi.An important area of focus for bilateral relations has been cooperation in developing and essential technologies.This August in Seoul, the issue was brought up at a meeting between South Korea's Foreign Minister Park Jin and Deputy National Security Advisor Vikram Misri. With an emphasis on commerce, investment, and technological cooperation, the latter also traveled to India in April.One of India's first diplomatic agreements on technology cooperation is the new dialogue mechanism between the US, Korea, and India. India does, however, participate in the four-nation Quad's efforts to work together on other technologies, including 5G and 6G. Microsoft's partnership with ChatGPT maker OpenAI is under US and UK antitrust scrutiny, after a startup and boardroom fight that led to the sudden ouster and return of CEO Sam Altman.After last month's dramatic episode, Microsoft, the main backer of OpenAI, has been given a silent observer status within the company by a new three-member interim board. A Microsoft representative can attend OpenAI and board meetings and receive confidential information, but cannot vote on matters such as the election of directors.OpenAI's discern is a non-earnings company, a kind of entity not often issued to antitrust scrutiny. In 2019 Microsoft owns a 49 percent stake, consistent with a source. According to reports, pronouncing information of its settlement had been confidential, that it does not personal any portion of OpenAI, and is entitled to a percentage of profits.The software program large has devoted to pumping more than $10 billion into the startup, permitting it to take the lead in a race for AI sales with Alphabet's Google.There have lately been some tendencies with inside the governance of OpenAI, a number of which worried Microsoft.The US Federal Trade Commission (FTC) is likewise inspecting whether or not the funding may want to have violated antitrust laws, including that the inquiries have been initial and the business enterprise has now no longer opened a proper investigation.Antitrust authorities need to flow fast to research those deals, along with unwinding them if necessary, to keep opposition and save this crucial rising era from being monopolized. SOUTH KOREA, THE US, INDIA TO SET UP TRILATERAL TECHNOLOGY DIALOGUE IN 2024MICROSOFT, OPENAI PARTNERSHIP COMES UNDER ANTITRUST SCRUTINYAntitrust authorities need to flow fast to research those deals, along with unwinding them if necessary, to keep opposition and save this crucial rising era from being monopolized
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