FTC is investigating OpenAI, Anthropic and other AI companies over product risks

The US Federal Trade Commission (FTC) is investigating OpenAI, Anthropic, and other AI companies over potential product risks, according to a report. The investigation is focused on whether the companies are properly disclosing the risks associated with their AI products, including potential biases and inaccuracies. OpenAI's ChatGPT and Anthropic's Claude are among the AI models being examined. The FTC is also reviewing the companies' compliance with consumer protection laws, including the Magnitsky Act, which requires companies to disclose potential risks associated with their products to the FTC and consumers.