The Federal Trade Commission (FTC) has issued orders to Alphabet, Amazon, Anthropic, Microsoft, and OpenAI to provide information about their investments and partnerships in generative AI companies, citing concerns about how these investments may distort innovation and undermine fair competition. The companies must provide information on agreements and related documents, interaction and influence, analyses and reports, documents related to exclusivity and access, materials provided to government entities, specifications for document production, use of technology, and contact information and communication. The FTC aims to better understand the competitive landscape and potential implications of AI collaborations to ensure fair competition and prevent practices that could stifle innovation.

Several important AI laws were passed in 2023, including the EU AI Act, New York City Local Law 144, and Colorado's SB-169. In 2024, various US states, such as California and Florida, are introducing new AI laws to regulate AI and increase transparency. The EU AI Act is expected to be finalized this year, while compliance with AI regulations is becoming increasingly important. Holistic AI's Global Tracker can help organizations stay up-to-date on global AI initiatives and gain a competitive advantage. This article is for informational purposes only and does not provide legal advice.

California's Privacy Protection Agency has released draft regulations on the use of Automated Decision-making Technologies (ADTs), defining them as any system, software or process that processes personal information and uses computation to make or execute decisions or facilitate human decision-making. Under the proposed rules, consumers have the right to access information on the technologies employed and the methodologies by which decisions were developed, while businesses must disclose the usage of personal information in ADTs to consumers and provide opt-out modalities. The move is part of California's wider effort to regulate the use of AI within the State.

US President Joe Biden signed Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence on 30 October 2023, in a bid to promote responsible AI use and encourage innovation while avoiding bias, discrimination, and harm. The order defines AI as "a machine-based system that can, for a given set of human-defined objectives, make predictions, recommendations, or decisions influencing real or virtual environments" and requires the National Institute of Standards and Technology to establish guidelines for trustworthy AI systems. The order also covers dual-use foundation models, Infrastructure as a Service products, synthetic content, equity and civil rights, and healthcare.

On October 30th, 2023, the Biden Administration signed an Executive Order on artificial intelligence aimed at establishing safety and security standards to protect Americans' privacy and civil rights. The order sets strict standards for AI testing, requires agencies to establish standards for biological synthesis screening and cybersecurity programs, and directs AI safety for the military and intelligence. It also aims to protect the equal opportunity and non-discrimination rights of U.S. citizens, provide resources to shape the transformative potential of AI in education and healthcare, and address job displacement caused by AI. The order promotes innovation and competition by providing support for small developers and entrepreneurs and expanding visas for skilled immigrants. The order also directs actions for international cooperation towards safe, secure, and trustworthy AI. The order requires AI companies to disclose their safety testing procedures and results to the U.S. Federal government. The Executive Order follows other recent efforts towards responsible AI by the Biden Administration.