FTC Announces Crackdown on Deceptive AI Claims and Schemes
WEB3 days ago · The FTC is taking action against DoNotPay, a company that claimed to offer an AI service that was “the world’s first robot lawyer,” but the product failed to live up to its lofty claims that the service could substitute for the expertise of a human lawyer. According to the FTC’s complaint, DoNotPay promised that its service would allow ...
Operation AI Comply: continuing the crackdown on overpromises and AI ...
WEB3 days ago · Today, as part of Operation AI Comply, the FTC is announcing five cases exposing AI-related deception. First, we have four settlements involving allegedly deceptive claims about AI-driven services, three of which are oldies but not-so-goodies: deceptive business opportunity scams that claim to use AI to help people earn more money, faster.
FTC announces crackdown on deceptive AI claims, schemes
WEB3 days ago · The FTC also settled with a company called DoNotPay over its claim to provide automated legal services, and with Rytr, an AI writing tool that the agency said offered a feature that allows users ...
FTC Launches Inquiry into Generative AI Investments and …
WEBJan 25, 2024 · The Federal Trade Commission announced today that it issued orders to five companies requiring them to provide information regarding recent investments and partnerships involving generative AI companies and major cloud service providers.
Operation AI Comply: Detecting AI-infused frauds and deceptions
WEB4 days ago · With the announcement of Operation AI Comply, the FTC is cracking down on AI-infused frauds and deception, including chatbots supposedly giving “legal advice,” AI software that lets people create fake online reviews, and false claims of huge earnings from AI-powered business opportunities. Chatbots — a type of AI that creates humanlike ...
Federal Trade Commission Launches Inquiry Into A.I. Deals by …
WEBJan 25, 2024 · The Federal Trade Commission opened an inquiry on Thursday into the multibillion-dollar investments by Microsoft, Amazon and Google in the artificial intelligence start-ups OpenAI and Anthropic,...
FTC launches antitrust inquiry into artificial intelligence deals by ...
WEBJan 25, 2024 · U.S. antitrust enforcers are opening an investigation into the relationships between leading artificial intelligence startups such as ChatGPT-maker OpenAI and Anthropic and the tech giants...
Microsoft’s AI deal under federal investigation | CNN Business
WEBJun 6, 2024 · The Federal Trade Commission is investigating a recent Microsoft deal with artificial intelligence startup Inflection, according to a person familiar with the matter, as US antitrust...
Federal agreement paves way for closer scrutiny of burgeoning AI ...
WEBJun 11, 2024 · Federal regulators have agreed to the broad outlines of a deal that could lead to tighter government oversight of the rapidly emerging artificial intelligence industry, including heavyweights in...
FTC orders AI companies to dish on investments, partnerships and ...
WEBJan 25, 2024 · Mistral AI launched a new free tier to let developers fine-tune and build test apps with the startup’s AI models, the company announced in a blog post Tuesday. The startup…
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