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OpenAI Governance Update: Microsoft’s Board Role Ends

Nnaemeka OkwarabyNnaemeka Okwara
July 10, 2024
in Tech
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OpenAI Governance Update: Microsoft’s Board Role Ends
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OpenAI, the artificial intelligence research organization, has announced changes to its governance structure, resulting in the end of Microsoft’s representation on its board.

This move comes as antitrust authorities in the EU and US scrutinize the partnership between Microsoft and OpenAI, amid broader concerns about competition in the rapidly growing AI sector.

According to a statement from OpenAI, the organization will instead host regular meetings with partners, including Microsoft and Apple, and investors like Thrive Capital and Khosla Ventures, as part of a new approach to engaging with key strategic partners. This shift is seen as a way to maintain independence while fostering collaboration.

Microsoft had accepted a non-voting role on the board following a tumultuous period at OpenAI last year, which saw the attempted ousting of CEO Sam Altman. The company’s partnership with OpenAI has been crucial to the startup’s success, providing computing power and cloud storage worth billions. However, as antitrust concerns have grown, both companies have downplayed their ties.

The European Commission and the US Federal Trade Commission are exploring potential antitrust investigations into the Microsoft-OpenAI partnership and similar investments by Big Tech companies in generative AI startups.

OpenAI has emphasized its independence, stating that it “remains an entirely independent company governed by the OpenAI Nonprofit.” The organization looks forward to continuing its successful collaboration with Microsoft and other partners.

Tags: Board Rolefederal characterMicrosoftNewsOpenAIOpenAI Governance Update: Microsoft's Board Role EndsTech
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking.Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation.As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

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