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OpenAI, Microsoft and FTC
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies
FTC raises antitrust worries over Microsoft-OpenAI partnership in AI market
FTC Chair Lina Khan stated in a statement, 'The FTC report highlights how partnerships among large technology corporations can create a lock-in effect, causing startups to lose access to essential AI resources and exposing sensitive information, which undermines fair competition.'
FTC flags Microsoft-OpenAI deal over potential AI market dominance
The FTC report revealed that at least one of the big tech companies accessed "confidential and potentially sensitive financial performance information" as part of its deal with an AI start-up. This included weekly updates on revenue trends and customer activities.
FTC examines AI deals between Microsoft & OpenAI, Amazon, Google & Anthropic
The U.S. Federal Trade Commission (FTC) on Friday found that the partnerships between Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet's (NASDAQ:GOOGL)(NASDAQ:GOOGL) Google with OpenAI and Anthropic allows for the potential of the artificial intelligence (AI) developers being "fully acquired" by the tech giants.
Microsoft, Google: FTC investigates AI partnerships and collaborations
billion investment, the US trade regulator fears that the tech giants could extend their dominance to the AI market.
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
1d
on MSN
Microsoft-OpenAI Partnership Raises Antitrust Concerns, FTC Says
Microsoft Corp.’s $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud ...
2d
on MSN
FTC refers Snap complaint alleging its chatbot harms young users
In a rare move, the FTC issued a statement that revealed it referred a complaint against Snap to the DOJ, alleging that an AI ...
8d
Musk’s Lawsuit Against OpenAI Gets a Boost From Lina Khan’s FTC
While they didn't support Musk's allegations directly, the feds added weight to his interpretation of antitrust law.
2d
on MSN
FTC Refers Complaint Against Snapchat to DOJ Over “My AI” Feature
The Commission said that Snapchat's My AI feature presented 'risks and harms to young users of the application,' while Snap ...
2d
on MSN
OpenAI’s Sam Altman Shares ‘Funny’ Letter From Democratic Senators Questioning His Donation To Trump Inaugural Fund
The lawmakers suggested the companies used contributions to “cozy up” to President-elect Donald Trump’s administration to ...
2d
FTC raises antitrust concerns about Microsoft-OpenAI partnership
Microsoft Corp.’s US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud ...
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