OpenAI's recent drama hasn't only caught UK regulators' attention. Bloomberg reported Friday that the Federal Trade Commission (FTC) is looking into Microsoft's investment in the Sam Altman-led company and whether it violates US antitrust laws. FTC Chair Lina Khan wrote in a New York Times op-ed earlier this year that "the expanding adoption of AI risks further locking in the market dominance of large incumbent technology firms." Bloomberg's report stresses that the FTC inquiry is preliminary, a...
The FTC is reportedly looking into Microsoft's $13 billion OpenAI investment
Engadget - 8 Dec 2023 20:52
OpenAI's recent drama hasn't only caught UK regulators' attention. Bloomberg reported Friday that the Federal Trade Commission (FTC) is looking into Microsoft's investment in the Sam Altman-led company and whether it violates US antitrust laws. FTC Chair Lina Khan wrote in a New York Times op-ed earlier this year that "the expanding adoption of AI risks further locking in the market dominance of large incumbent technology firms." Bloomberg's report stresses that the FTC inquiry is preliminary, a...
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