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The Federal Trade Commission has launched investigations into OpenAI and Anthropic to determine whether security incidents at both companies caused harm to American consumers. The probes come in the context of the current administration having previously dismissed AI safety concerns, making the FTC's independent regulatory action notable. For developers building on top of these platforms, the investigations could presage new disclosure requirements or security standards for AI providers handling user data. The outcome may also influence how enterprise procurement teams evaluate AI vendors from a compliance and liability standpoint. This is an early signal that US regulatory scrutiny of frontier AI companies is intensifying through consumer protection frameworks rather than dedicated AI legislation.