The U.S. Federal Trade Commission said on Thursday it had issued orders to OpenAI, Microsoft, Alphabet, Amazon and Anthropic, requiring them to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
The orders are part of an inquiry that “will scrutinize corporate partnerships and investments with AI providers to build a better internal understanding of these relationships and their impact on the competitive landscape,” the FTC said in a statement.
Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College |
Course |
Website |
| MIT |
MIT Technology Leadership and Innovation |
Visit |
| IIM Kozhikode |
IIMK Advanced Data Science For Managers |
Visit |
| Indian School of Business |
ISB Professional Certificate in Product Management |
Visit |
The agency said the companies will have 45 days from the date they receive the order to respond.
Earlier this month, Politico reported the U.S. Justice Department and FTC were in discussions over which agency can probe ChatGPT maker OpenAI on antitrust grounds, including the AI firm’s partnership with Microsoft.
Microsoft’s tie-up with OpenAI has raised antitrust scrutiny after the U.S. software giant committed to invest over $10 billion into OpenAI last year.
Discover the stories of your interest
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
The U.S. Federal Trade Commission said on Thursday it had issued orders to OpenAI, Microsoft, Alphabet, Amazon and Anthropic, requiring them to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
The orders are part of an inquiry that “will scrutinize corporate partnerships and investments with AI providers to build a better internal understanding of these relationships and their impact on the competitive landscape,” the FTC said in a statement.
Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College |
Course |
Website |
| MIT |
MIT Technology Leadership and Innovation |
Visit |
| IIM Kozhikode |
IIMK Advanced Data Science For Managers |
Visit |
| Indian School of Business |
ISB Professional Certificate in Product Management |
Visit |
The agency said the companies will have 45 days from the date they receive the order to respond.
Earlier this month, Politico reported the U.S. Justice Department and FTC were in discussions over which agency can probe ChatGPT maker OpenAI on antitrust grounds, including the AI firm’s partnership with Microsoft.
Microsoft’s tie-up with OpenAI has raised antitrust scrutiny after the U.S. software giant committed to invest over $10 billion into OpenAI last year.
Discover the stories of your interest
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
FOLLOW US ON GOOGLE NEWS
Read original article here
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email –
admin@technoblender.com. The content will be deleted within 24 hours.