{"id":27583,"date":"2024-07-10T13:35:00","date_gmt":"2024-07-10T12:35:00","guid":{"rendered":"https:\/\/newstimers.com\/index.php\/2024\/07\/10\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\/"},"modified":"2024-07-10T13:35:00","modified_gmt":"2024-07-10T12:35:00","slug":"microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies","status":"publish","type":"post","link":"https:\/\/newstimers.com\/index.php\/2024\/07\/10\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\/","title":{"rendered":"Microsoft Quits OpenAI Board Seat As Antitrust Scrutiny Of Artificial Intelligence Pacts Intensifies"},"content":{"rendered":"


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Washington:<\/strong> Microsoft has relinquished its seat on the board of OpenAI, saying its participation is no longer needed because the ChatGPT maker has improved its governance since being roiled by boardroom chaos last year.<\/p>\n

In a Tuesday letter, Microsoft confirmed it was resigning, \u201ceffective immediately,\u201d from its role as an observer on the artificial intelligence company’s board. \u201cWe appreciate the support shown by OpenAI leadership and the OpenAI board as we made this decision,” the letter said.<\/p>\n

The surprise departure comes amid intensifying scrutiny from antitrust regulators of the powerful AI partnership. Microsoft has reportedly invested USD 13 billion in OpenAI. <\/p>\n

European Union regulators said last month that they would take a fresh look at the partnership under the 27-nation bloc’s antitrust rules, while the US Federal Trade Commission and Britain’s competition watchdog have also been examining the pact.
\n \n<\/p>\n

Microsoft took the board seat following a power struggle in which OpenAI CEO Sam Altman was fired, then quickly reinstated, while the board members behind the ouster were pushed out. “Over the past eight months we have witnessed significant progress by the newly formed board and are confident in the company’s direction,” Microsoft said in its letter. \u201cGiven all of this we no longer believe our limited role as an observer is necessary.\u201d With Microsoft’s departure, OpenAI will no longer have observer seats on its board.<\/p>\n

\u201cWe are grateful to Microsoft for voicing confidence in the Board and the direction of the company, and we look forward to continuing our successful partnership,” OpenAI said in a statement.
\n \n<\/p>\n

It’s not hard to conclude that Microsoft’s decision to ditch the board seat was heavily influenced by rising scrutiny of big technology companies and their links with AI startups, said Alex Haffner, a competition partner at UK law firm Fladgate.
\n \n<\/p>\n

\u201cIt is clear that regulators are very much focused on the complex web of inter-relationships that Big Tech has created with AI providers, hence the need for Microsoft and others to carefully consider how they structure these arrangements going forward,\u201d he said.
\n \n<\/p>\n

OpenAI said it would take a new approach to \u201cinforming and engaging key strategic partners” such as Microsoft and Apple and investors such as Thrive Capital and Khosla Ventures, with regular meetings to update stakeholders on progress and ensure stronger collaboration on safety and security.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Washington: Microsoft has relinquished its seat on the board of OpenAI, saying its participation is no longer needed because the ChatGPT maker has improved its governance since being roiled by boardroom chaos last year. In a Tuesday letter, Microsoft confirmed it was resigning, \u201ceffective immediately,\u201d from its role as an observer on the artificial intelligence […]<\/p>\n","protected":false},"author":1,"featured_media":27584,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/english.cdn.zeenews.com\/sites\/default\/files\/2024\/07\/10\/1436234-microsoft.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[911,7023,324],"class_list":{"0":"post-27583","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment","8":"tag-ai","9":"tag-microsoft","10":"tag-openai"},"yoast_head":"\nMicrosoft Quits OpenAI Board Seat As Antitrust Scrutiny Of Artificial Intelligence Pacts Intensifies - News Timers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newstimers.com\/index.php\/2024\/07\/10\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft Quits OpenAI Board Seat As Antitrust Scrutiny Of Artificial Intelligence Pacts Intensifies - News Timers\" \/>\n<meta property=\"og:description\" content=\"Washington: Microsoft has relinquished its seat on the board of OpenAI, saying its participation is no longer needed because the ChatGPT maker has improved its governance since being roiled by boardroom chaos last year. In a Tuesday letter, Microsoft confirmed it was resigning, \u201ceffective immediately,\u201d from its role as an observer on the artificial intelligence […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newstimers.com\/index.php\/2024\/07\/10\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\/\" \/>\n<meta property=\"og:site_name\" content=\"News Timers\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-10T12:35:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/english.cdn.zeenews.com\/sites\/default\/files\/2024\/07\/10\/1436234-microsoft.jpg\" \/><meta property=\"og:image\" content=\"https:\/\/english.cdn.zeenews.com\/sites\/default\/files\/2024\/07\/10\/1436234-microsoft.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"970\" \/>\n\t<meta property=\"og:image:height\" content=\"545\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"newstimers.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/english.cdn.zeenews.com\/sites\/default\/files\/2024\/07\/10\/1436234-microsoft.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"newstimers.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newstimers.com\\\/index.php\\\/2024\\\/07\\\/10\\\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newstimers.com\\\/index.php\\\/2024\\\/07\\\/10\\\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\\\/\"},\"author\":{\"name\":\"newstimers.com\",\"@id\":\"https:\\\/\\\/newstimers.com\\\/#\\\/schema\\\/person\\\/eedb09e776755c468967c45aea40c71d\"},\"headline\":\"Microsoft Quits OpenAI Board Seat As Antitrust Scrutiny Of Artificial Intelligence Pacts Intensifies\",\"datePublished\":\"2024-07-10T12:35:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newstimers.com\\\/index.php\\\/2024\\\/07\\\/10\\\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\\\/\"},\"wordCount\":404,\"image\":{\"@id\":\"https:\\\/\\\/newstimers.com\\\/index.php\\\/2024\\\/07\\\/10\\\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/english.cdn.zeenews.com\\\/sites\\\/default\\\/files\\\/2024\\\/07\\\/10\\\/1436234-microsoft.jpg?w=970&resize=970,545&ssl=1\",\"keywords\":[\"AI\",\"Microsoft\",\"OpenAI\"],\"articleSection\":[\"Entertainment\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newstimers.com\\\/index.php\\\/2024\\\/07\\\/10\\\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\\\/\",\"url\":\"https:\\\/\\\/newstimers.com\\\/index.php\\\/2024\\\/07\\\/10\\\/microsoft-quits-openai-board-seat-as-antitrust-scrutiny-of-artificial-intelligence-pacts-intensifies\\\/\",\"name\":\"Microsoft Quits OpenAI Board Seat As Antitrust Scrutiny Of Artificial Intelligence Pacts Intensifies - 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