FTC Launches Inquiry Into Artificial Intelligence Deals ...Middle East

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FTC Launches Inquiry Into Artificial Intelligence Deals
U.S. antitrust enforcers are opening an investigation into the relationships between leading artificial intelligence startups such as ChatGPT-maker OpenAI and Anthropic and the tech giants that have invested billions of dollars into them. “We’re scrutinizing whether these ties enable dominant firms to exert undue influence or gain privileged access in ways that could undermine fair competition,” said Lina Khan, chair of the U.S. Federal Trade Commission, in opening remarks at a Thursday AI forum. [time-brightcove not-tgx=”true”] Khan said the market inquiry would review “the investments and partnerships being formed between AI developers and major cloud service providers.”

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