Tech giants Microsoft and Apple have abandoned the opportunity to hold a board seat at ChatGPT developer OpenAI amid growing regulatory scrutiny.
After investing $13 billion in OpenAI in 2023, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators.
Technology giants Microsoft and Apple have reportedly decided not to take up board seats at the artificial intelligence firm OpenAI amid increasing regulatory scrutiny.
“We’re 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 stated. Cointelegraph approached Microsoft and OpenAI for a comment regarding membership in OpenAI’s board but did not receive a response at the time of publication.The news comes amid the increasing regulatory pressure on Big Tech firms over its potential impact on AI and industry dominance.
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