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Microsoft and Apple leave OpenAI board
The Business Guardian
|July 11, 2024
In a significant development in the tech industry, both Microsoft and Apple have decided to relinquish their observer seats on the board of OpenAI, according to a report by UK-based ‘The Financial Times’.
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This move comes amid growing regulatory scrutiny over the involvement of major tech corporations in AI startups.
Microsoft, which has invested heavily in OpenAI— including a substantial USD 13 billion investment in its generative AI technology, ChatGPT—has announced its immediate withdrawal from its observer role on OpenAI’s board. The decision was communicated through a letter to OpenAI, in which Microsoft expressed satisfaction with the progress made by the newly formed board.
Similarly, Apple, which was expected to assume an observer role as part of an agreement to integrate ChatGPT into its devices, has decided against taking up the position. Although Apple declined to comment officially, sources close to the matter have confirmed that the tech giant will not be participating as an observer on OpenAI’s board.
This story is from the July 11, 2024 edition of The Business Guardian.
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