FTC Launches Probe Into Big Tech AI Investments, Partnerships

Big Tech required to hand over information regarding recent investments and partnerships involving generative AI companies and major cloud service providers.

People check their phones as AMECA, an AI robot, looks on at the All In artificial intelligence conference in Montreal on Sept. 28, 2023. Ryan Remiorz /The Canadian Press

The U.S. Federal Trade Commission (FTC) is launching an investigation into multiple Big Tech firms and their recent investments and partnerships involving the rapidly growing generative artificial intelligence (AI) industry, officials have announced.

The regulatory agency’s probe targets Alphabet, Inc., Amazon.com, Inc., Anthropic PBC, Microsoft Corp., and OpenAI, Inc.