US FTC has Asked Amazon (AMZN) for Details on Deal to Hire Top Talent From AI Startup Adept - Reuters
US FTC has Asked Amazon (NASDAQ: AMZN) f
- The U.S. Federal Trade Commission has asked Amazon.com to provide more details on its deal to hire top executives and researchers from AI startup Adept.
- The request reflects the FTC's growing concern about how AI deals have been put together.
- The informal inquiry into Amazon centers on last month's announcement that Adept CEO David Luan and others were leaving to join Amazon.
- Such inquiries do not necessarily result in an official investigation or enforcement action.