By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: Microsoft and Apple exit observer roles on OpenAI board – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
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 1 year ago
Share
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)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

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

E20 Petrol does not cause drastic drop in fuel efficiency, even improves engine performance: Petroleum Ministry – World News Network

Trump unwilling to criticize China even after being largest Russian oil buyers, targets India unfairly: GTRI report – World News Network

Around 60% of India’s uber-rich’s wealth parked in Real Estate and Gold: Bernstein Report – World News Network

How Clinics On Cloud Is Building World’s Largest Digital Healthcare Infrastructure? – World News Network

How performing arts can help students stay mentally balanced? And how CBSE schools in Bhavnagar are promoting performing arts? – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article India, Russia to expand logistics links, to cooperate in civil aviation security – World News Network
Next Article Assam: Five people die in flood-related incidents, death toll touches 84 – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published.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

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

Lok Sabha to begin proceedings with obituary references for Shibu Soren, others – World News Network
National 4 hours ago
“Chinese occupation of Indian territory is a ‘reality’,” Congress’s Randeep Surjewala backs Rahul Gandhi – World News Network
National 4 hours ago
INDIA bloc leaders to meet, stage protest over voter list revision – World News Network
National 4 hours ago
‘Pariksha Pe Charcha’ sets Guinness record, CM Dhami hails achievement – World News Network
National 4 hours ago

Sports

Team India batting group has historic outing in England, scores record-breaking centuries, runs – World News Network
Sports
“Defied the notion of human limitation”: ICC Chairman Jay Shah hails Pant, Woakes – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

WWE wrestling-themed Indian film ‘Chatha Pacha’ to be released globally, deets inside – World News Network
Entertainment
Dulquer Salmaan’s DQ41 goes on floors; Nani, Buchi Babu Sena attend film’s Puja ceremony – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?