2024-07-10 15:08:06
Tech
Artificial Intelligence
Regulation

Microsoft and Apple Withdraw from OpenAI Board amid Regulatory Concerns

Microsoft and Apple have recently announced their decisions to step down from their positions on the board of OpenAI, the artificial intelligence startup. This move comes as OpenAI shifts towards holding stakeholder meetings instead of maintaining board seats for its closest partners, highlighting a strategic change in engagement.

The decision is speculated to be influenced by the escalating regulatory scrutiny over Microsoft's substantial investments in OpenAI, exceeding $10 billion, and the utilization of its technology in various AI products. The withdrawal of these tech giants from OpenAI's board is closely linked to the current antitrust investigations in the United States and European Union, signaling a broader concern over the relationships between big tech companies and AI startups like OpenAI amid increasing regulatory oversight.

The press radar on this topic:

The Verge - Apple Posts
10. Juli 2024 um 09:19

Microsoft and Apple ditch OpenAI board seats amid regulatory scrutiny

Technology
Economy
Microsoft has dropped its seat as an observer on the board of OpenAI, and Apple will no longer join the board. OpenAI is switching to stakeholder meetings instead of board seats for its closest partners, amid growing regulatory scrutiny over Microsoft's partnership with OpenAI.
THE DECODER
10. Juli 2024 um 10:28

Microsoft and Apple step down from OpenAI board

Technology
Economy
Microsoft and Apple are stepping down from their positions on OpenAI's board. Microsoft had a non-voting observer status, while Apple had planned to join the board. Instead, OpenAI will now hold regular meetings with strategic partners like Microsoft and Apple, as well as investors. The withdrawal could be due to ongoing antitrust investigations in the U.S. and EU, as Microsoft has invested over $10 billion in OpenAI and uses its technology in many AI products.
Business | The Guardian
10. Juli 2024 um 11:49

Microsoft drops observer seat on OpenAI board amid regulator scrutiny

Economy
Technology
Finance
Politics
Microsoft has withdrawn its observer seat on the OpenAI board, and Apple will no longer be able to appoint an executive to a similar role, amid regulatory scrutiny of big tech's relationship with artificial intelligence startups. The move comes as competition regulators in the UK, US, and EU are reviewing the partnerships between tech giants and AI companies like OpenAI and Anthropic.
Cointelegraph.com News
10. Juli 2024 um 07:33

Microsoft and Apple renounce OpenAI board membership

Technology
Economy
Finance
Microsoft and Apple have decided to withdraw from the board of OpenAI, the AI startup they had invested in. Microsoft, which invested $13 billion in OpenAI in 2023, has sent a letter to the company announcing its withdrawal from the board. Apple, which was expected to get an observer role on the board, will also not have any representation. OpenAI has expressed gratitude to Microsoft for its confidence in the company's direction.
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