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Microsoft, AI 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 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.
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.
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.'
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 computing into the nascent artificial intelligence market, the Federal Trade Commission said in a report released Friday.
1d
Amazon search results overrun with ads, FTC lawsuit alleges monopolistic behavior
The FTC also alleges that Amazon is charging its sellers exorbitant fees, in many cases close to 50 percent of their revenue: ...
23h
on MSN
Amazon AI deal leaves ‘zombie’ start-up in its wake, whistleblower says
Filing details $400 million license for smart robot system and claims retail giant’s “reverse acquihire” contract limits ...
5h
FTC Warns on Big Tech Partnerships with AI Startups
The U.S. Federal Trade Commission on Friday issued a report outlining concerns with major Big Tech and AI startup ...
NBC Los Angeles
12d
FTC Chair Khan hopes Amazon, Facebook won't get ‘sweetheart deal' from Trump in antitrust cases
Lina Khan, who was tapped by President Joe Biden to lead the FTC, is set to be replaced by President-elect Donald Trump’s ...
10d
As Trump takes over, FTC’s Lina Khan says Big Tech scrutiny will persist
The Democratic enforcer significantly expanded the agency’s remit; now the new GOP administration will decide how to follow ...
2d
FTC orders GoDaddy to strengthen security practices after years of data breaches
In a complaint filed Wednesday, the FTC alleged that since 2018, GoDaddy has failed to implement reasonable and appropriate ...
1d
Tech titans flock to Trump’s inauguration in bid to influence policy in second term
Tech titans including the leaders of Meta, Amazon, Google, Tesla, TikTok, Apple, Alphabet, and OpenAI are set to attend the ...
1d
on MSN
FTC says Genshin Impact 'deceived children' and orders its publisher to pay a $20 million fine and stop selling loot boxes to kids
The FTC says "Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they ...
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