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 investments and partnerships made by some of the biggest companies in the generative artificial intelligence space.
The Federal Trade Commission (FTC) said in a statement that it issued orders to five companies requiring them to provide information on the matter, including Google parent company Alphabet, Amazon, Anthropic, Microsoft and ChatGPT maker OpenAI.
More Stories
Will Trump’s tariff chaos be China’s gain in global trade wars?
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite
Revealed: Big tech’s new datacentres will take water from the world’s driest areas