Story
FTC Reportedly Prepares Broad Probe into OpenAI, Anthropic Over AI Risks

Summary
The U.S. Federal Trade Commission is reportedly preparing a sweeping investigation into potential consumer dangers posed by leading AI firms, according to a New York Post report.
The U.S. Federal Trade Commission (FTC) is preparing a wide-ranging investigation into leading artificial intelligence companies, including OpenAI and Anthropic, to scrutinize potential consumer harms posed by their technology, according to a report from the New York Post on Wednesday.
The probe signals escalating regulatory oversight for the rapidly expanding AI sector, which has attracted billions in investment while raising concerns about its societal impact.
Details of the Reported Investigation
The New York Post, citing administration officials, reported that the FTC plans to issue formal demands for information to the AI labs. These demands are described as being similar to subpoenas, compelling the companies to turn over internal documents and data related to their technologies and consumer safeguards.
The focus of the inquiry is reportedly on uncovering potential dangers to consumers. The specific risks under investigation were not detailed in the report.
AdMarket Context and Verification
This move represents a significant step by U.S. regulators to establish guardrails for the powerful generative AI models developed by firms like OpenAI, the creator of ChatGPT, and its competitor Anthropic. For investors, heightened regulatory scrutiny introduces a new layer of risk and potential compliance costs for companies at the forefront of the AI boom.
Reuters, which reported on the New York Post story, noted that it could not independently verify the information. As of Wednesday, the FTC, OpenAI, and Anthropic had not responded to requests for comment on the matter.
Read next
More on Stocks
Madison Square Garden Sports Put Volume Hits One-Year High Ahead of Rangers Spin-Off
Options traders are heavily favoring puts on Madison Square Garden Sports, with volume surging to its highest level in a year as the stock declines following the board's approval of the New York Rangers spin-off.

SpaceX Launches 13th NASA Crew to International Space Station
A SpaceX Falcon 9 rocket has successfully launched an international crew of four astronauts to the International Space Station, continuing the company's role as a key partner in NASA's commercial crew program.

Goldman Sachs Identifies Top 6 Industrial Stocks Ahead of Q3 Earnings
Investment bank Goldman Sachs has released a new report highlighting six U.S. industrial companies, led by GE Vernova, that it views as favorably positioned for the upcoming third-quarter earnings season.

S&P 500 Outperforms Canadian TSX in September Amid Sector Divergence
The S&P 500 posted a modest 0.4% gain in September, supported by technology stocks, while Canada's S&P/TSX Composite index lagged due to significant weakness in its gold and telecommunications sectors.