FTC Opens Inquiry Into Generative AI Investments And Partnerships

Listen to this post

On January 25, the FTC announced that it was issuing Section 6(b) orders against five Big Tech companies requiring them to provide information regarding recent investments and partnerships involving generative artificial intelligence (AI) companies and major cloud service providers.

The Section 6(b) Orders. Section 6(b) of the FTC Act authorizes the FTC to conduct studies to provide the agency a deeper understanding of market trends and business practices. Findings stemming from such orders can help inform future actions.

The FTC is seeking information specifically related to:

• Specific investments or partnerships, including the rationale of an investment/partnership;