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Home News

Microsoft and Apple Drop OpenAI Board Seats

July 11, 2024
Reading Time: 3 mins read
in News
Microsoft and Apple Drop OpenAI Board Seats

Microsoft and Apple have decided to step back from their roles as observers on OpenAI’s board, a move influenced by mounting antitrust scrutiny surrounding their investments in AI startups. Microsoft, a major investor in OpenAI with a $13 billion commitment, communicated its decision to withdraw from the board effective immediately, citing the company’s significant progress under new leadership. Apple, which was expected to assume a similar position, declined to comment on its decision not to join the board. Instead, OpenAI plans to maintain engagement with key partners like Microsoft and Apple through regular meetings, marking a strategic shift under the guidance of Sarah Friar, recently appointed as the company’s first CFO.

The decision by Microsoft and Apple comes amidst heightened regulatory scrutiny in both the European Union and the United States. Authorities are particularly concerned about potential antitrust issues arising from Big Tech’s investments in generative AI technologies. The European Commission recently indicated interest in investigating the partnership between Microsoft and OpenAI, though it opted not to pursue a formal probe under merger control rules. Similarly, the US Federal Trade Commission has initiated scrutiny into investments made by major tech firms—including Microsoft, Amazon, and Google—in AI startups, including OpenAI.

OpenAI, despite the changes in its board composition, remains a critical partner for Microsoft, providing substantial computing power and cloud services through its Azure platform. This collaboration has bolstered Microsoft’s position in the competitive landscape of generative AI technologies, which have seen increasing demand across various sectors. The company’s strategic decision to maintain a non-voting role on OpenAI’s board reflects its ongoing commitment to the partnership while navigating regulatory complexities.

Looking ahead, OpenAI continues to operate independently as a nonprofit organization, governed by its own policies and board members. With figures like Lawrence Summers and Bret Taylor involved in its governance, OpenAI aims to navigate the evolving regulatory landscape while advancing its leadership in AI research and development.

Reference:
  • Microsoft and Apple Withdraw from OpenAI Board Amid Antitrust Scrutiny
Tags: AppleCyber NewsCyber News 2024Cyber threatsCybersecurityJuly 2024MicrosoftOpenAI
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