Bloomberg reports that Microsoft and Apple have abandoned plans to take seats on OpenAI’s board.
Microsoft, which invested $13 billion in the creator of ChatGPT, will step down from the board. Apple was set to take on a similar role, but an OpenAI representative said the startup will not have board observers after Microsoft’s exit.
We are grateful to Microsoft for placing such confidence in the company’s board of directors and direction, and we look forward to continuing our recent visit.
— OpenAI comment
Regulators in Europe and the US are concerned about Microsoft’s influence over OpenAI, saying it has put pressure on one of the world’s most valuable companies. Microsoft has integrated OpenAI’s services into Windows and Copilot AI and, like other major US tech companies, is counting on new technologies to help fuel growth. [Bloomberg]
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