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Microsoft, Amazon and Google are kingmakers for AI start-ups

Bloomberg
Bloomberg • 2 min read
Microsoft, Amazon and Google are kingmakers for AI start-ups
In the wake of Microsoft’s investment in OpenAI last January, other tech giants raced to partner with leading AI startups through funding and cloud computing deals, too. Photo: Bloomberg
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Behind almost every leading artificial intelligence (AI) start-up, you’ll find a tech giant fueling its rise.

Microsoft Corp., Alphabet Inc. and Amazon.com Inc. have invested billions in the top AI start-ups, supercharging the fast-growing AI sector and establishing the old guard of technology companies as kingmakers for a new generation of businesses.

Now, those deals are coming under scrutiny. The US Federal Trade Commission said Thursday that the three tech companies must provide information to the agency on their investments and partnerships with OpenAI and Anthropic. The FTC said it sent subpoenas to the companies to gather information on how the development of AI is impacting the competitive landscape.

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