FTC Investigates Microsoft’s $13 Billion Investment in OpenAI

The FTC is considering investigating Microsoft’s investment in OpenAI to determine if it violates antitrust laws in the US. The recent ousting and re-hiring of OpenAI CEO Sam Altman, and the role played by Microsoft in this process, indicates that Microsoft may have more control over OpenAI than it appears. The FTC is also considering investigating the relationship between AI’s two main players to determine if one party has gained control or significant influence over the other. Additionally, FTC Chair Lina Khan has expressed concerns about the need for AI regulations, emphasizing the importance of upholding fair and competitive markets without tolerating the mass exploitation of users.