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FTC Seeks Testimony From Anthropic Executives as Consumer Harm Probe Expands

Source
JH Kim

Summary

  • The US Federal Trade Commission (FTC) has reportedly sought testimony from Anthropic executives as part of an investigation into potential consumer harm.
  • The testimony request came as Anthropic was briefing investors on its initial public offering (IPO) plans.
  • Anthropic's planned IPO has been discussed as a potential contender to rank among the largest ever, though no details were provided on the FTC probe's findings or the specific listing size.

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The US Federal Trade Commission has requested testimony from executives at artificial intelligence company Anthropic as part of an expanded investigation into potential consumer harm, Cointelegraph reported on October 26.

The FTC sought testimony from Anthropic executives while examining whether consumers were harmed in connection with the company, the report said.

The request coincided with Anthropic briefing investors on plans for an initial public offering.

Anthropic's proposed IPO has been discussed as a potential contender to rank among the largest ever. No details were provided on the FTC probe's findings or the size of the listing.

Photo: Shutterstock
Photo: Shutterstock
#IPO
#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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