The Federal Trade Commission is launching an inquiry into significant investments made by Microsoft, Amazon, and Alphabet (Google) into generative AI startups OpenAI and Anthropic. The FTC has issued “compulsory orders” to the companies and will scrutinize their relationships with the AI startups to understand their impact on competition. New technologies can create new markets and healthy competition, and the FTC aims to guard against tactics that foreclose this opportunity.
The FTC’s inquiry into the investments involves seeking information about the specifics of Microsoft, Amazon, and Alphabet’s investments, decisions around new product releases, oversight rights, analyses of market share, and potential for sales growth among other details. The UK’s Competition and Markets Authority is also examining whether Microsoft’s investment in OpenAI violates antitrust laws. Microsoft characterized the company’s OpenAI investment as a partnership that has fostered more AI innovation and competition, while preserving independence for both companies.
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