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Alphabet, Amazon and Microsoft face FTC probe into AI ‘investments and partnerships'
AmazonAmazon(US:AMZN) Market Watch·2024-01-26 02:20

The Federal Trade Commission said Thursday it will look closely at the generative-artificial-intelligence investments and partnerships of Alphabet Inc. GOOGL, +1.74% GOOG, +1.80%, Amazon.com, Inc. AMZN, +0.27%, Anthropic PBC, Microsoft Corp. MSFT, +0.66% and OpenAI Inc. Microsoft owns 49% of OpenAI, while Alphabet has invested in Anthropic. “History shows that new technologies can create new markets and healthy competition. As companies race to develop and monetize AI, we must guard against tactics that ...