Official announcements from US regulatory bodies such as the Federal Trade Commission (FTC) or the Department of Justice (DOJ)

Microsoft and Apple Give Up Non-Voting Observer Seats on OpenAI Board Amid Regulatory Scrutiny

Jul 10, 2024, 06:18 AM

Microsoft has announced it will give up its non-voting observer seat on OpenAI's board, citing significant progress by the AI startup and improved governance over the past eight months. The decision comes amid growing regulatory and antitrust scrutiny from both U.S. and European regulators concerning Big Tech's influence in artificial intelligence. Apple, which was expected to take up a similar observer role, has also decided not to join the OpenAI board. Microsoft's move, stated by Deputy General Counsel Keith Dolliver, is seen as a step to maintain board independence and address regulatory concerns.