FTC to probe OpenAI’s ChatGPT. Here’s what that means.

What you need to know 

• The FTC is looking into ChatGPT.
• The commission seeks to understand whether OpenAI has broken any consumer protection laws.
• OpenAI has received a 20-page demand letter highlighting the commission’s concerns over its data security practices.
• Microsoft is likely to be affected if OpenAI is found in the wrong.

The Federal Trade Commission (FTC) has been in the headlines for a hot minute for a couple of reasons. As you know, the agency has been in the battlegrounds with Microsoft in a bid to block its acquisition of Activision Blizzard, further citing that this would place…