DOJ, FTC Target AI Industry In Antitrust Investigation: Three Takeaways

According to a report from New York Times reporter David McCabe, federal regulators have agreed to share responsibilities for investigating antitrust issues within the artificial intelligence (AI) industry. Here are three key takeaways from the report:

1. DOJ Takes Nvidia, FTC Takes OpenAI, Microsoft.

The Justice Department Antitrust Division and the Federal Trade Commission (FTC) have agreed to divide their investigative efforts, with the Justice Department focusing on Nvidia, the leading manufacturer of AI chips, and the FTC examining the conduct of ChatGPT company OpenAI and Microsoft, which has invested $13 billion in OpenAI and more in other platforms, the Times reports, saying the division of duties will help the government effectively scrutinize the dominant roles these companies play in the rapidly evolving AI sector.