European Commission antitrust chief Teresa Ribera will hold separate meetings this week with senior executives from several of the world's largest technology companies, according to the Commission's agenda. Ribera is scheduled to meet Alphabet CEO Sundar Pichai, Meta Platforms chief Mark Zuckerberg and OpenAI CEO Sam Altman in San Francisco on Tuesday.
The visits come during a week-long trip to the United States in which Ribera is also due to meet Amazon CEO Andy Jassy on Wednesday. The itinerary shows Ribera will speak at an American Bar Association conference on Friday as part of her U.S. engagements.
Ribera has publicly raised concerns about the potential for large technology firms to extend their market power into artificial intelligence. Earlier this month she said she was looking across the entire AI stack - including AI chatbots, the data used to train these systems and the cloud computing infrastructure that supports them - as part of the Commission's scrutiny.
The European Commission serves as the EU's competition enforcer and has warned that risks are emerging when dominant companies give preference to their own AI services on their platforms in ways that could exclude competitors. That concern sits alongside significant capital deployment by large technology firms. Companies named by the Commission as investing billions in AI infrastructure to serve growing demand include OpenAI, Nvidia, Meta and Google.
Separately, investor-facing material referenced whether Alphabet shares (GOOGL) should be purchased now, noting an AI-driven research product that evaluates GOOGL and thousands of other companies with a broad set of financial metrics. That product describes itself as using AI to assess fundamentals, momentum and valuation across firms, and includes examples of prior identified winners.
The meetings will mark first-time encounters in San Francisco between Ribera and the executives named on the Commission agenda. Ribera has opened multiple investigations into the business practices of Google and Meta, and her U.S. trip will include public speaking and a series of private meetings as the Commission continues its review of competition dynamics in AI services and infrastructure.
What to watch
Observers will be following whether discussions produce additional public guidance or steps from the Commission, and how companies respond to questions about platform behaviour, data and cloud resources underpinning AI services.