From Network18 Media and Investments Limited: 2024-07-10 01:45:13

Microsoft has ended its board observer seat at OpenAI, citing improved governance. Apple was also expected to take an observer role but declined. Microsoft’s $10 billion investment and observer seat sparked antitrust concerns. EU regulators exempted the partnership from merger rules. UK and US watchdogs still question Microsoft’s influence over OpenAI.
Microsoft gave up observer seat due to OpenAI’s growth and innovation. Eu regulators exempt partnership from merger rules. UK and US watchdogs question Microsoft’s influence over OpenAI. They compete for selling AI technology to enterprise customers. Microsoft hires CEO to head consumer AI division.



Read more at Network18 Media and Investments Limited: Microsoft ditches OpenAI board observer seat amid regulatory scrutiny