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FTC to investigate deals made by Google, Amazon, and Microsoft with AI start-ups

FTC has reportedly launched an inquiry into the deals made by big tech with AI start-up companies.

According to the New York Times, the inquiry was launched today (Jan. 25), which involves the "multibillion-dollar" investments put into AI companies like OpenAI and Anthropic by the previously named big tech organizations. Lina Khan, the FTC chair, stated, "Our study will shed light on whether investments and partnerships pursued by dominant companies risk distorting innovation and undermining fair competition." Microsoft is already in the hot seat in the EU as the publication adds the CMA (Competition and Markets Act) started looking into its dealings with OpenAI and whether it could negatively impact the economy in December.

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