FTC Chair Lina Khan Addresses Tech Antitrust Issues Amid Calls from Y Combinator CEO Garry Tan and Other Leaders for Fair Play in AI, Startup Sector

Khan reveals scrutiny of AI development and large cloud providers' investments in startups for anti-competitive behavior, amid calls from tech leaders for clarification on open-source models and a balanced playing field for startups.

• Y Combinator CEO Garry Tan has urged FTC Chair Lina Khan to ensure a fair playing field for startups against tech giants, suggesting modifications to government approval of startup sales.
• Leaders from venture capital firm Andreessen Horowitz and AI companies like Mistral, Hugging Face, and Perplexity have reached out to President Biden, seeking clarity on his stance towards open-source models.
• This enquiry comes post the release of administration’s new AI executive order, calling for government's support of the open-source model.
• Chair Lina Khan has announced that the Federal Trade Commission is scrutinizing every aspect of AI development and large scale cloud providers’ investments in AI startups for any signs of anti-competitive behavior.
• Concerns have risen over potential bottlenecks in the AI sector, triggering FTC’s investigative measures to prevent any possible anti-competitive conduct within this industry.

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