Microsoft's investment in OpenAI faces antitrust scrutiny from US and UK regulators
1 min. read
Updated on
Share this article
Improve this guide
Read our disclosure page to find out how can you help MSPoweruser sustain the editorial team Read more
Key notes
The FTC has already opened a consumer protection probe into OpenAI, questioning the safety of its popular ChatGPT conversational AI bot and its potential to harm users’ data and privacy.
Antitrust regulators in the US and UK are scrutinizing Microsoft’s $13 billion investment in OpenAI, citing concerns about potential harm to competition and consumers.
The US Federal Trade Commission (FTC) is investigating whether the deal violates antitrust laws, focusing specifically on the potential for Microsoft to gain control of OpenAI’s technology and use it to disadvantage consumers.
The FTC has already opened a consumer protection probe into OpenAI, questioning the safety of its popular ChatGPT conversational AI bot and its potential to harm users’ data and privacy.
FTC Chair Lina Khan has been vocal about her concerns regarding AI technology and the need for strict oversight, especially with tools like ChatGPT that have the power to impact various aspects of daily life significantly.
On the other hand, the UK’s Competition and Markets Authority (CMA) is gathering information to determine whether the collaboration between Microsoft and OpenAI threatens competition in the UK, which is home to Google’s DeepMind AI research lab.
In my opinion, the recent investigations and concerns surrounding AI technology bring to light some important questions about the future of this field and the impact that large tech companies may have on its development.
More about it here.
