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Microsoft has left the OpenAI board! (Not bought by Apple)

  • July 10, 2024
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Microsoft became the largest investor in OpenAI, a pioneer in the artificial intelligence revolution, investing about $13 billion last year. Following this, Dee Templeton, a Microsoft executive, joined

Microsoft has left the OpenAI board! (Not bought by Apple)

Microsoft became the largest investor in OpenAI, a pioneer in the artificial intelligence revolution, investing about $13 billion last year. Following this, Dee Templeton, a Microsoft executive, joined OpenAI’s board of directors. participated as an observerAlthough he was not involved in the decision-making processes, he did follow the management and operation of the company.

Now there has been an important development in this area. Microsoft, He is stepping down from his seat on OpenAI’s board of directors. announced.

There will be no observers from other companies in OpenAI’s management, and closed meetings will be held for investors and partners.

In the message it sent to OpenAI, Microsoft said the company was talking about artificial intelligence. that he has made sufficient progress and is satisfied with the direction he is heading. he claimed. The company added that he resigned from his position on the board of directors, where he had no decision-making authority.

OpenAI expressed its gratitude to Microsoft, saying: “Thank you to Microsoft for expressing confidence in the board and direction of the company. We look forward to continuing our successful partnership. “Under the leadership of our CFO Sarah Friar, we are creating a new approach to informing key strategic partners like Apple and Microsoft, and investors like Thrive Capital and Khlose Ventures.”

OpenAI’s New Approach for its Investors and Partners to hold regular meetings will be. It was indicated that during these stakeholder meetings the necessary information about the company would be shared with the partners.

There is no explanation as to why Microsoft suddenly left, but due to concerns of the regulators It is said that it could happen. So much so that officials from countries like the European Union and the United Kingdom raised competition concerns about Microsoft’s partnership with OpenAI. With such investments, big tech companies and other businesses play no role in governance It was deemed necessary. This is perhaps why Microsoft took this step today.

Apple’s plan to join the board as an observer has also been canceled

News last week suggested that after Microsoft, another OpenAI partner, Apple would join the board as an observer alongside Phil Schiller. Today’s developments have revealed that Apple has also given up this seat.

Source: Web Tekno

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