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Fortune
Fortune
David Meyer

AI's regulatory troubles pile up as U.S. prepares antitrust probes and activists target Meta over privacy

Jonathan Kanter, Assistant Attorney General for the Department of Justice Antitrust Division (Credit: Kent Nishimura—Getty Images)

Earlier this week I asked you all what you thought about foldable phones—a category that seems to be taking off—and I got some great answers that I’m publishing below. But first, the weather: Storm clouds are gathering on the regulatory front for the AI industry.

In the U.S., antitrust is the issue. According to the New York Times, the Federal Trade Commission and Justice Department have struck a deal to open investigations into the biggest AI players. The DOJ will probe how Nvidia has come to thoroughly own the AI chip market, while the FTC will look into OpenAI and its maybe-BFF Microsoft, which has invested $13 billion into OpenAI in exchange for a cut of its profits (at least, until OpenAI produces superhuman "artificial general intelligence.")

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