Posted 1/25/2024, 8:48:45 PM
FTC Probes Big Tech Deals With Leading AI Startups for Anti-Competitive Concerns
- FTC opens inquiry into partnerships between Big Tech and leading AI startups like OpenAI and Anthropic
- Scrutinizing if deals allow tech giants like Amazon, Google, Microsoft undue influence or access that could undermine competition
- FTC issued orders to those companies plus OpenAI and Anthropic requiring info on agreements and decision-making
- Microsoft's relationship with OpenAI getting most scrutiny; Google/Amazon recently invested billions in Anthropic
- Aims to shed light on competitive dynamics and rationale behind partnerships in AI amid worries about market domination