FTC investigates ties between AI companies and tech giants
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The Federal Trade Commission (FTC) has begun investigating several issues. Multi-billion dollar investment The agency on Thursday announced the introduction of generative artificial intelligence (AI) by major technology companies.
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© Graham Jennings/Pool via AP
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The FTC said it is seeking information about the partnership between the two countries. microsoft and Open AI, Amazon and human, and Google and human.
The agency said all five companies had been ordered to obtain further information about their investments and partnerships.
“History shows that new technologies can create new markets and healthy competition.” FTC Chair Lina Khan said in a statement.
“As companies race to develop and monetize AI, we must be wary of tactics that steal this opportunity.”
Microsoft's close partnership with OpenAI has come under more scrutiny following high-profile ouster and go back OpenAI CEO Sam Altman The end of last year.
After the AI company's board of directors fired Altman in November, Microsoft offered him a position leading a new AI research team.
But after he died, I brought it home Days after taking the lead at OpenAI, the company announced that Microsoft would no longer have voting rights on its board of directors.
For more information, read the full report on TheHill.com.
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Welcome to The Hills technology newsletterwe're Rebecca Klar and Julia Chapero – tracking the latest moves from Capitol Hill to Silicon Valley.
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How policies will impact the technology sector now and in the future:
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PayPal announced Thursday that it is launching products that leverage artificial intelligence (AI) to streamline and speed up transactions for customers. PayPal announced Thursday that it will be introducing six additional features on its platform that use AI to help merchants increase sales, streamline the checkout process and provide personalized offers to each customer. revealed something. One of the new things is…
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Snap Inc., the company behind Snapchat, has supported the Kids Online Safety Act (KOSA), a proposal that would add regulation to the social media company and its peers, a company spokesperson confirmed Thursday. The endorsement was announced about a week before Snap CEO Evan Spiegel is scheduled to testify before the Senate Judiciary Committee on online child protection. CEOs of Discord, TikTok, Meta, X…
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Microsoft will lay off about 1,900 employees in its gaming division, expanding tech job losses into early 2024. The job cuts represent an approximately 9 percent reduction in Activision Blizzard and Xbox's 22,000 employees. According to a post on X (formerly Twitter), Blizzard Entertainment president Mike Ybarra is leaving the company. Activision Blizzard is a developer and publisher of large-scale game franchises.
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Tesla CEO Elon Musk said Wednesday that the Chinese electric car company will “defeat” competitors around the world without trade barriers. “In general, our view is that Chinese car companies are the most competitive car companies in the world, so we don't know what tariffs or trade barriers will be established,” Musk said at Tesla's fourth press conference. “Depending on what happens, I think they will be very successful outside of China.” -Quarterly…
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news we reported tThe intersection of technology and other topics:
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Apple to allow third-party app stores in EU
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Apple will soon allow iPhone users in the European Union to download the app below. Third party app store This is in response to the bloc's new Digital Markets Act (DMA), reported The Verge.
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How Swift fans fought off deepfakes with X
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taylor Swim fans rushed to Xthe platform formerly known as Twitter, found that when users searched for terms like “Taylor Swift AI” and “Taylor Swift deepfake,” they found posts filling in non-consensual deepfake porn of the pop star. TechCrunch reported.
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Branch out with more reading on The Hill.
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What other people are reading
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Two important stories about The Hill today:
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What other people are reading
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Technology opinions submitted to The Hill:
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Everyone is being pushed too hard. see you tomorrow!
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