Amazon's deal with AI startup Adept faces FTC scrutiny
Regulators in the U.S. and abroad are increasingly zeroing in on tech companies' investments and partnerships with AI companies.
The Federal Trade Commission has launched an informal inquiry into Amazon's recently announced deal with AI startup Adept, CNBC has confirmed.
The FTC is seeking more information about the agreement announced last month, which involved Amazon hiring key executives and licensing technology from Adept, a source familiar with the matter told CNBC. The person spoke on the condition of anonymity because they weren't authorized to speak publicly on the matter.