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OpenAI board shakeup: Microsoft out, Apple backs away amid AI partnership scrutiny
(arstechnica.com)
this post was submitted on 10 Jul 2024
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This is the best summary I could come up with:
Microsoft has withdrawn from its non-voting observer role on OpenAI's board, while Apple has opted not to take a similar position, reports Axios and Financial Times.
The development comes as regulators in the EU and US increase their scrutiny of Big Tech's investments in AI startups due to concerns about stifling competition.
The decision is part of "a new approach to informing and engaging key strategic partners" under Sarah Friar, who came on as OpenAI's first chief financial officer last month.
Regulators in both the US and Europe are worried that Big Tech's heavy influence in fast-growing AI startups may unreasonably edge out competition and establish de facto monopolies over key technologies that would stifle smaller competitors.
In June, the FTC began looking into investments made by Big Tech companies (such as Microsoft, Amazon, and Google) into generative AI startups.
Meanwhile, the European Commission also announced it was exploring the possibility of an antitrust investigation into the Microsoft/OpenAI partnership after deciding not to proceed with a probe under merger control rules.
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