AI FTC Chairman Andrew Ferguson calls competition among large language model developers ‘pretty ferocious.’
FTC Chairman Andrew Ferguson calls competition among large language model developers ‘pretty ferocious.’
August 19, 2026 – FTC Chairman Andrew Ferguson sees the biggest competitive risks in artificial intelligence not among AI models, but in the chips, power and construction needed to build them.
Speaking during a fireside chat with CNBC’s news anchor and business journalist
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“Until it is proven to me that [LEOs] have the capacity and the latency able to serve in our artificial intelligence economy, then I’m not convinced that that is in fact the answer,” Gomez said.