Microsoft and Apple Step Down from OpenAI Board in Light of Regulatory Review

Wednesday, 10 July 2024, 12:00

In a recent development, Microsoft and Apple have decided to withdraw from OpenAI's board of directors. This decision comes following the European Commission's announcement of a review of the partnership terms. The move reflects the tech giants' commitment to compliance and transparency amidst increasing regulatory scrutiny in the tech industry. Overall, the decision signifies a strategic shift in response to evolving regulatory challenges.
Engadget
Microsoft and Apple Step Down from OpenAI Board in Light of Regulatory Review

Microsoft and Apple withdraw from OpenAI board

In a recent turn of events, Microsoft and Apple have decided to step down from their positions on OpenAI's board of directors. This decision follows the European Commission's announcement of a review of the partnership terms.

Compliance with regulatory scrutiny

The withdrawal of Microsoft and Apple can be seen as a proactive measure to align with evolving regulatory requirements and demonstrate transparency in their collaborations.

This move highlights the tech giants' recognition of the importance of compliance and the need to adapt to changing regulatory landscapes.


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.


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