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FTC Investigates Generative AI Partnerships' Impact on Competition
AmazonAmazon(US:AMZN) PYMNTS·2024-01-26 04:10

The Federal Trade Commission has begun an inquiry into investments and partnerships in the generative artificial intelligence sector.The regulator has ordered Google parent company Alphabet, Amazon, Anthropic, Microsoft and OpenAI to provide information about these activities as it investigates the impact these relationships may have on the competitive landscape, the FTC said in a Thursday (Jan. 25) press release.The inquiry aims to ensure that companies that are developing and monetizing AI are not using t ...