FTC Chairwoman: There is no ‘AI exemption’ to existing laws

FTC Chairwoman Lina Khan has warned that the US government will not hesitate to clamp down on harmful business practices involving AI.

Speaking at a virtual press event, Khan was joined by top officials from US consumer protection and civil rights agencies.

Together, the officials emphasised that regulators are committed to tracking and stopping any illegal behaviour associated with biased or deceptive AI tools.

Khan warned that, in addition to the...

AI think tank calls GPT-4 a risk to public safety

An AI think tank has filed a complaint with the FTC in a bid to stop OpenAI from further commercial deployments of GPT-4.

The Center for Artificial Intelligence and Digital Policy (CAIDP) claims OpenAI has violated section five of the FTC Act—alleging the company of deceptive and unfair practices.

Marc Rotenberg, Founder and President of the CAIDP, said:

“The FTC has a clear responsibility to investigate and prohibit unfair and deceptive trade practices....

FTC steps in to block Nvidia’s $40B acquisition of Arm

America’s Federal Trade Commission (FTC) has become the first regulator to sue to block Nvidia’s acquisition of British chip designer Arm.

Arm plays a critical role in the global technology supply chain with its designs used for edge AI chips and processors for smartphones, tablets, desktops, and servers.

It’s of little surprise that Nvidia wants to bring Arm under its wing and is willing to pay $40 billion (£29 billion) for it.

Global regulators,...