Microsoft drops its observer seat on OpenAI board amid regulatory scrutiny
Publishing timestamp: 2024-07-10 06:50:50
Summary
Microsoft took a nonvoting board seat at OpenAI in November to address questions about its interest in the startup. Amid regulatory scrutiny into generative artificial intelligence, Microsoft has decided to give up its observer seat on the OpenAI board. The European Commission is looking into agreements between large digital market players and generative AI developers, including the Microsoft-OpenAI tie-up. Despite concerns from some regulators, OpenAI CEO Sam Altman has expressed excitement about partnering with Microsoft.
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Keywords: software, computer hardware, breaking news: technology, microsoft corp, technology, business news,
Source: https://www.cnbc.com/2024/07/10/microsoft-reportedly-drops-its-observer-seat-on-openai-board.html