Microsoft And Apple Exit Observer Roles On OpenAI Board

In a move reflecting shifting dynamics in the tech industry, both Microsoft and Apple have decided to relinquish their observer seats on the board of OpenAI, reported UK-based 'The Financial Times'. The move comes amidst reports of increased regulatory scrutiny over the involvement of tech giants in AI startups.

Microsoft, which had invested significantly in OpenAI, including a substantial USD 13 billion investment in its generative AI technology, ChatGPT, has announced its immediate withdrawal from its observer role on OpenAI's board.

The decision was communicated via a letter to OpenAI, citing the company's satisfaction with the progress made by the newly formed board.