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Microsoft-OpenAI Partnership Raises Antitrust Concerns, FTC Says
Microsoft's $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent AI market, the Federal Trade Commission said in a report released Friday. From a report: The commission said Microsoft's deal with OpenAI, as well as Amazon...
Microsoft's $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent AI market, the Federal Trade Commission said in a report released Friday. "The FTC's report sheds light on how partnerships by big tech firms can create lock-in, deprive start-ups of key AI inputs, and reveal sensitive information that can undermine fair competition," FTC Chair Lina Khan said in a statement. The FTC has the power to open market studies to glean more information about industry trends.
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