FTC reportedly looking into whether OpenAI, Anthropic violated consumer protection laws

The Federal Trade Commission is looking into the actions of leading AI labs Anthropic (ANTH.PVT), OpenAI (OPAI.PVT), and other AI firms to determine if they've harmed or misled consumers. According to The New York Times, the investigation centers on whether the companies harmed consumers when their AI models went rogue, as well as whether they engaged in unfair and deceptive business practices. The commission is expected to send out formal notices to the AI labs in the coming weeks. The FTC was already looking into the companies prior to OpenAI's disclosure that its high-powered AI models hacked into AI company Hugging Face in July.