FTC dives deep into tech giants’ AI pool party

The Federal Trade Commission investigates AI partnerships and investments by large tech companies, focusing on their competitive impact and strategic implications.

The United States Federal Trade Commission (FTC) says it will investigate significant artificial intelligence (AI) players like Amazon, Alphabet, Microsoft, Anthropic and OpenAI about their investments and partnerships.

In a Jan. 25 announcement, the FTC said that it had issued orders to the five companies requiring them to provide information regarding agreements with generative AI companies and major cloud service providers and the strategic reasoning behind them.

The FTC sent the orders to companies involved in multibillion-dollar investments, such as Microsoft, OpenAI, Amazon, Anthropic and Google.

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Source: https://cointelegraph.com/news/ftc-investigation-ai-tech-giants