Official announcements from regulatory bodies such as the FTC or DOJ

Microsoft Gives Up Observer Seat on OpenAI Board Amid Regulatory and Antitrust Scrutiny

Jul 10, 2024, 05:20 AM

Microsoft has decided to give up its non-voting observer seat on OpenAI's board, citing significant progress made by OpenAI over the last eight months and confidence in the company's direction. This decision comes amid increasing regulatory and antitrust scrutiny of Big Tech's influence in the artificial intelligence sector. Apple, which had been expected to take up an observer role on OpenAI's board, has also decided not to do so. OpenAI plans to host regular meetings with investors and partners like Microsoft and Apple.