Posted 1/27/2024, 6:00:00 PM
Tech Giants Face Antitrust Probe Over AI Startup Deals
- FTC opens inquiry into partnerships between big tech firms like Amazon, Google, Microsoft and leading AI startups like Anthropic and OpenAI
- Scrutinizing if these ties allow dominant firms to exert undue influence or get special access that could undermine competition
- FTC issued orders to the companies requiring them to provide info on their agreements and decision-making
- EU and UK already investigating if Microsoft's OpenAI partnership could harm competition
- FTC wants details on partnership deals and strategic rationale behind them, product release decision-making, and key resources needed to build AI systems