FTC will examine what rights the tech giants’ investments in AI companies have conferred and if those deals harm competition
The United States trade regulator launched an inquiry on Thursday into generative artificial intelligence investments and partnerships.
The Federal Trade Commission (FTC) said in a statement that it issued orders to five companies requiring them to provide information on the matter. The companies were Google’s parent company Alphabet, Amazon, Anthropic, Microsoft, and ChatGPT maker OpenAI, the agency’s statement said. The inquiry will focus on what authority and rights the tech giants’ investments in the fledgling AI companies have conferred and whether those deals harm competition.
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FTC will examine what rights the tech giants’ investments in AI companies have conferred and if those deals harm competition
The United States trade regulator launched an inquiry on Thursday into generative artificial intelligence investments and partnerships.
The Federal Trade Commission (FTC) said in a statement that it issued orders to five companies requiring them to provide information on the matter. The companies were Google’s parent company Alphabet, Amazon, Anthropic, Microsoft, and ChatGPT maker OpenAI, the agency’s statement said. The inquiry will focus on what authority and rights the tech giants’ investments in the fledgling AI companies have conferred and whether those deals harm competition. Continue reading…Technology | The Guardian