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OpenAI, Microsoft and Musk
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission (FTC) said in a staff report issued Friday that there are potential competitive issues in partnerships between Big Tech
Musk Says FTC Concern Over Microsoft Backs His OpenAI Claims
Elon Musk said in a court filing that the US Federal Trade Commission’s concern over Microsoft Corp.’s $13 billion investment in OpenAI “confirms” the billionaire’s claims that the pact between the startup and technology giant is anticompetitive.
Elon Musk says FTC's concern on Microsoft-OpenAI pact 'confirms' anticompetition
In a court filing, multi-business billionaire Elon Musk said the Federal Trade Commission’s concern over Microsoft's (NASDAQ:MSFT) $13B investment in OpenAI “confirms” his claims that the agreement between the startup and technology giant is anticompetitive,
Musk claims FTC’s Microsoft concerns validate OpenAI allegations, Bloomberg says
Elon Musk argued in a court filing that the U.S. FTC’s concerns about Microsoft’s (MSFT) $13B investment in OpenAI support his claims that the
FTC raises antitrust concerns over Microsoft $13bn investment in OpenAI
The commission noted that the investment may extend Microsoft's dominance in cloud computing into the emerging AI market.
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.
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.'
Musk’s Lawsuit Against OpenAI Gets a Boost From Lina Khan’s FTC
While they didn't support Musk's allegations directly, the feds added weight to his interpretation of antitrust law.
US supports Musk argument in OpenAI lawsuit
U.S. antitrust enforcers weighed in on Friday on Elon Musk's lawsuit seeking to block OpenAI's conversion to a public company, pointing out legal doctrines that support his claim that OpenAI and Microsoft engaged in anticompetitive practices.
FTC flags Microsoft-OpenAI deal over potential AI market dominance
The FTC report revealed that at least one of the big tech companies accessed "confidential and potentially sensitive financial performance information" as part of its deal with an AI start-up. This included weekly updates on revenue trends and customer activities.
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Google invests further $1bn in OpenAI rival Anthropic
The new tranche of money from Google into Anthropic adds to a total investment of $8bn from Amazon, the ecommerce giant’s largest-ever venture investment, announced over the past 18 months. Amazon is ...
2d
on MSN
FTC points at partnerships between AI leaders and cloud service providers, suggesting they could be subject to antitrust scrutiny
A staff report released Friday by the FTC suggested partnerships between OpenAI and Microsoft, and Amazon and Anthropic, ...
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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 ...
5d
on MSN
FTC Refers Complaint Against Snapchat to DOJ Over “My AI” Feature
The Commission said that Snapchat's My AI feature presented 'risks and harms to young users of the application,' while Snap ...
4d
on MSN
OpenAI’s Sam Altman Shares ‘Funny’ Letter From Democratic Senators Questioning His Donation To Trump Inaugural Fund
The lawmakers suggested the companies used contributions to “cozy up” to President-elect Donald Trump’s administration to ...
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