FTC reportedly probes Anthropic and OpenAI over AI incident reporting

Ars Technica reports the FTC is probing Anthropic and OpenAI after President Trump dismissed AI fears as a 'hoax'. The agency may fine AI firms on par with companies that delay data breach reports.

Why it matters: Treating AI incidents like data breaches would use existing consumer-protection law instead of new AI legislation, a faster route to enforcement. It contrasts with the White House rhetoric and with industry-backed bills that trigger only at high harm thresholds.