By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: Microsoft and Apple exit observer roles on OpenAI board – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Microsoft and Apple exit observer roles on OpenAI board – World News Network
Business

Microsoft and Apple exit observer roles on OpenAI board – World News Network

worldnewsnetwork
Last updated: July 10, 2024 12:00 am
worldnewsnetwork
Share
3 Min Read
SHARE

New Delhi [India], July 10 (ANI): In a move reflecting shifting dynamics in the tech industry, both Microsoft and Apple have decided to relinquish their observer seats on the board of OpenAI, reported UK-based ‘The Financial Times’. The move comes amidst reports of increased regulatory scrutiny over the involvement of tech giants in AI startups.
Microsoft, which had invested significantly 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 via a letter to OpenAI, citing the company’s satisfaction with the progress made by the newly formed board.
Similarly, Apple, which was expected to take up a similar observer role as part of an agreement to integrate ChatGPT into its devices, has opted not to do so.
Although Apple declined to comment on the matter, sources familiar with the situation indicate that the tech giant will not be taking an observer position on OpenAI’s board.
In response to these developments, OpenAI has announced a revised strategy for engaging with its strategic partners and investors.
According to the FT report, the organization plans to hold regular meetings with partners like Microsoft and Apple, along with investors such as Thrive Capital and Khosla Ventures.
This shift, as explained by an OpenAI spokesperson, aims to foster a more inclusive and collaborative approach to governance and strategic decision-making.
The board of OpenAI recently saw the addition of Phil Schiller, Apple’s former marketing chief, as an observer, which was reported just days before these withdrawals.
However, Schiller will no longer be observing OpenAI’s operations, highlighting the fluidity and perhaps underlying tensions within the organization’s boardroom dynamics.
Analysts speculate that the decision by Microsoft and Apple to step back from their observer roles could be linked to strategic considerations or internal dynamics within OpenAI.
While some suggest possible concerns over antitrust scrutiny or strategic disagreements, the exact motivations behind these decisions remain unclear. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Nifty, Sensex jumped more than 2% in opening as India-Pakistan tensions ease – World News Network

SRD Exports Targets Dubai for Expansion of Indian Food Products – World News Network

US to cut tariffs on Chinese goods to 30%, Beijing to tax 10% for 90 days – World News Network

Mopa Airport: Catalysing a Real Estate Renaissance in North Goa – World News Network

Gilgit Baltistan traders protest against ‘illegal taxes’ and neglect at Sost Dry Port – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article India, Russia to expand logistics links, to cooperate in civil aviation security – World News Network
Next Article BJP’s Shazia Ilmi lauds SC judgment on Muslim women claiming maintenance, calls it “historic decision” – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

Maharashtra govt holds meeting with defence forces, CM Fadnavis says, “Will work in greater coordination” – World News Network
National May 12, 2025
Allahabad High Court dismisses YouTuber Elvish Yadav’s plea in snake venom case – World News Network
National May 12, 2025
Chhattisgarh CM announces ex-gratia of Rs 5 lakh for families of deceased in Saragaon accident – World News Network
National May 12, 2025
India redefines anti-terror strategy, exposes Pakistan’s vulnerabilities under Op Sindoor – World News Network
National May 12, 2025

Sports

Tom Aldred signs one-year contract extension with Mohun Bagan Super Giant – World News Network
Sports
Former India skipper Virat Kohli bids farewell to Test cricket – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

“A journey of hard work ,emotions”: Virat Kohli’s siblings Bhawna, Vikas give shout-out to him – World News Network
Entertainment
“I’ll remember tears you never showed, battles no one saw”: Anushka’s emotional tribute to Virat Kohli wins hearts – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?