From B&T Magazine: 2024-07-10 20:58:42

Microsoft is stepping down from its observer seat on OpenAI’s board to address fears of Big Tech’s influence on AI. The company invested $13 billion in OpenAI and faces antitrust scrutiny. Apple, another major player, has avoided joining the board. Partners will now meet regularly for updates, as the race for generative AI dominance heats up.

OpenAI relies heavily on Microsoft for resources, giving the tech giant a leading role in the GenAI sector. CEO Satya Nadella played a key role in an leadership shake-up at OpenAI last year. Microsoft cites Sam Altman’s return to OpenAI as driving new partnerships and growth, prompting the company to give up its observer status.

Concerns about Big Tech’s control over transformative AI technology have prompted antitrust investigations by US and EU authorities. Microsoft’s departure from OpenAI’s board may not alleviate regulatory concerns. The sector is under close scrutiny as companies vie for dominance in the rapidly evolving AI landscape.



Read more at B&T Magazine: Microsoft, Apple Step Away From OpenAI Board As Scrutiny Sharpens