TNB Tech Minute: FTC Opens Anthropic and OpenAI Investigation

0:00Weren't agents supposed to take things off your plate? Building another to handle the others is a bit much. Don't make more work out of work. Gemini is one agent that knows all parts of your business and actually gets stuff done. You give it a project, close your laptop, and when you come back, the job's finished. No matter your industry or role, your agent has the skills to help every team stay in their flow. Seriously. Make work less work with Gemini on Google Cloud. Check response. Subscription required. Here's your afternoon TNB Tech Minute for Wednesday, September 30th. I'm Julie Chang for The Wall Street Journal.

0:38The Federal Trade Commission has opened an investigation into anthropic and open AI to determine whether they deceived consumers about the potential harms of their AI. A senior FTC official said the probe was sparked by concerns from researchers that AI could wipe out humanity, and the agency plans to issue civil subpoenas soon. Anthropic and OpenAI didn't immediately respond to requests for comment. The probe comes as the Trump administration faces pressure to regulate AI developers, though President Trump has generally favored light-touch regulation. News Corp, owner of The Wall Street Journal, has a content licensing partnership with OpenAI.

1:20Apple has launched its mobile payment services in India. Users there can now use Apple Pay on iPhones, iPads, and Apple Watches via partnership with Axis Bank, one of the largest private sector lenders in the country. The move positions the tech giant to tap the millions of consumers in India that are increasingly using non-cash payments. According to the India Brand Equity Foundation, the South Asian economy's consumer market is set to grow by 46 percent by 2030, driven by rising incomes, a young workforce, and rapid urbanization. Finally, American Express is introducing a corporate cashback card alongside an AI-driven expense management platform.

2:04The latter features a dedicated mobile app that automates spending reports, checks expenses against company policies, and flags non-compliant purchases. The platform is geared toward middle market businesses with annual revenues between$10 and$300 million. Amex's launch comes as the company faces mounting competition in its corporate business from fintechs like Ramp and Brex. And that's it for your TNV Tech Minutes. A quick update. We are on a new schedule. Starting tomorrow, we'll be bringing you a single in-depth interview about what's happening in tech every weekday morning. As for these tech minutes, we're retiring them.

2:46Thank you for tuning in. Weren't agents supposed to take things off your plate? Building another to handle the others is a bit much. Don't make more work out of work. Gemini is one agent that knows all parts of your business and actually gets stuff done. You give it a project, close your laptop, and when you come back, the job's finished. No matter your industry or role, your agent has the skills to help every team stay in their flow. Seriously. Make work less work with Gemini on Google Cloud. Check response Subscription required.