Microsoft is giving up board seat at OpenAI to avoid antitrust scrutiny

From Japan Times: 2024-07-11 04:30:00

Microsoft is giving up its board observer seat at OpenAI in response to antitrust concerns. The move aims to ease U.S. and U.K. regulators’ worries over control of the artificial intelligence startup. However, it is unlikely to satisfy the U.S. FTC, which is conducting an antitrust review of tech deals and AI firms. Microsoft is taking preemptive action to address potential antitrust issues.



Read more at Japan Times: Microsoft ditches OpenAI board observer seat to avert antitrust scrutiny