Why is Big Tech Backing of AI Startups Drawing FTC Scrutiny?
The megacap technology companies of Alphabet (GOOGL ), Amaxon.com (AMZN ), and Microsoft (MSFT ) have invested billions in the top artificial intelligence (AI) startup companies. Now, these deals are coming under scrutiny. The U.S. Federal Trade Commission (FTC) said Thursday that the three tech companies must provide information to…