From Fortune: 2024-07-03 12:45:44

After last year’s CEO ouster, OpenAI reformed its board with key partner Microsoft as a non-voting observer. Now, Apple is joining as an observer, integrating OpenAI’s models into its devices for free. The relationship may get awkward as Microsoft and Apple are rivals, both using OpenAI’s models for AI assistants on competitive products.

Microsoft, after turmoil, absorbs key staff from AI startup Inflection as OpenAI asserts independence. OpenAI reportedly makes more revenue selling access to models than Microsoft. Apple’s observer role confirms the companies are not as intertwined as thought. This may indicate Apple’s progress in developing its own AI models.

Tesla exceeds Wall Street expectations with 444,000 deliveries, boosting share price over 10%. The EU considers closing a loophole allowing Chinese e-commerce platforms to ship cheap goods without paying duties. Figma disables AI tool after copycat controversy involving Apple’s Weather app. Google sees 48% increase in carbon emissions, citing energy-hungry AI.



Read more at Fortune: OpenAI’s reported decision to give Apple a board seat is very revealing