FT News Briefing cover image

FT News Briefing

How airlines are handling the Boeing fiasco

Jan 26, 2024
10:58
Snipd AI
The podcast discusses the Federal Trade Commission's inquiry into partnerships between Big Tech cloud providers and generative AI companies. It also highlights the impact of Boeing's problems on the airline industry. Additionally, the podcast explores observations from the US election cycle and the global impact of the upcoming presidential election.
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Podcast summary created with Snipd AI

Quick takeaways

  • The Federal Trade Commission is investigating partnerships between Big Tech cloud providers and generative AI companies, raising concerns of potentially anti-competitive behavior.
  • Boeing's problems, including the grounding of its Max 9 planes, are causing significant profit losses for US airlines, leading to dissatisfaction among airline CEOs and accountability demands from the industry.

Deep dives

US regulators to investigate big tech investment into AI

The Federal Trade Commission (FTC) has launched an inquiry into partnerships between cloud providers and generative AI companies, targeting companies like Amazon, Microsoft, Google, anthropic, and open AI. The inquiry aims to investigate potentially anti-competitive behavior and the companies have 45 days to respond.

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