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Cyclists ride along the pedestrian path of the Brooklyn Bridge in New York City on a clear day. The bridge’s iconic stone towers and suspension cables frame the scene, while the Manhattan Bridge and East River are visible to the left. City buildings rise in the background, and several pedestrians walk in the distance.
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Street scene in New York City’s Little Italy, with a man on a bicycle in the foreground riding through an intersection. Pedestrians cross the street near outdoor tables at Caffe Napoli, which is decorated with holiday lights and greenery. Nearby, the restaurant Puglia and a row of historic buildings with fire escapes line the background under a pale sky.
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September 9, 2024

Legal News

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September 9, 2024

Microsoft And Apple Abandon Board Roles At Open AI

Microsoft has stepped down from its observer role on OpenAI's board, and Apple will not assume a similar position due to increasing regulatory scrutiny of Big Tech’s investments in AI start-ups.

Microsoft, which has invested $13 billion in OpenAI, maker of the AI chatbot ChatGPT, announced its immediate withdrawal from the board in a letter to OpenAI.

Apple was also expected to take an observer role on OpenAI’s board as part of integrating ChatGPT into its devices but will not proceed, according to a source. Apple declined to comment.

OpenAI will now hold regular meetings with partners like Microsoft and Apple, and investors Thrive Capital and Khosla Ventures. This is part of a new strategy to engage key partners, led by Sarah Friar, OpenAI’s first CFO, an OpenAI spokesperson said.

The move comes amid antitrust investigations by the EU and US into the Microsoft-OpenAI partnership, reflecting broader competition concerns in the AI sector. Microsoft's non-voting board role followed last year’s upheaval when OpenAI CEO Sam Altman was fired and then reinstated days later, jeopardizing OpenAI’s valuation and Microsoft’s investment.

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