Home United States USA — Financial FTC Investigating AI Deals And Investments With Big Tech Firms, Including Microsoft,...

FTC Investigating AI Deals And Investments With Big Tech Firms, Including Microsoft, Amazon And Alphabet

72
0
SHARE

The investigation will look at the competitive impact these deals have had on the emerging market.
Topline
The Federal Trade Commission voted unanimously Thursday to open an investigation into the deals forged by tech giants and swiftly growing generative AI companies, including Microsoft, OpenAI, Amazon, Alphabet and Anthropic PBC.Key Facts

The regulatory agency announced that it had sent compulsory orders to the five companies, seeking more information about the $10 billion deal between Microsoft and OpenAI and the investments from Amazon and Alphabet into Anthropic, worth $4 billion and $2 billion respectively.

Continue reading...