Microsoft's Decision to Relinquish Observer Seat on OpenAI Board

Wednesday, 10 July 2024, 06:50

Microsoft drops its observer seat on OpenAI board, citing regulatory scrutiny. The company initially took a nonvoting board seat at OpenAI in November.
CNBC
Microsoft's Decision to Relinquish Observer Seat on OpenAI Board

Microsoft's Move Regarding OpenAI Board

Microsoft has reportedly decided to drop its observer seat on the OpenAI board amid regulatory scrutiny. This decision comes after the company had initially taken a nonvoting board seat back in November.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe