“We are inviting businesses and experts to tell us about any competition issues that they may perceive in these industries, whilst also closely monitoring AI partnerships to ensure they do not unduly distort market dynamics,” said Margrethe Vestager, Executive Vice-President in charge of competition policy. Microsoft-OpenAI Partnership: European Commission Joins UK Regulators To Examine USD 13 Billion Investment by Microsoft in ChatGPT's OpenAI.
When the payments will formally debut and how they would operate were not made clear in the blog post. Peer-to-peer commerce on the platform would be the most significant development at X since Musk bought the business for $44 billion in late 2022. Elon Musk’s X to Launch Peer-to-Peer Payments This Year to Unlock More ‘User Utility and Opportunities for Commerce’.