Microsoft ditches OpenAI board observer seat to stave off antitrust scrutiny https://yakihonne.s3.ap-east-1.amazonaws.com/ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c/files/1718432550002-YAKIHONNES3.jpg https://yakihonne.s3.ap-east-1.amazonaws.com/ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c/files/1718345213393-YAKIHONNES3.jpg Microsoft has given up its board observer seat at OpenAI in a move aimed at easing U.S. and UK antitrust regulators' concerns about the extent of its control over the AI startup amid the soaring popularity of generative artificial intelligence. But the change was unlikely to resolve concerns by the U.S. Federal Trade Commission, a source at the agency said on Wednesday. The FTC is conducting an antitrust review of deals by Big Tech firms and top AI companies.
Microsoft has relinquished its board observer position at OpenAI to alleviate concerns from U.S. and UK antitrust regulators about its influence over the AI startup amid the increasing popularity of generative artificial intelligence. However, a source at the U.S. Federal Trade Commission indicated on Wednesday that this change is unlikely to address the FTC’s concerns. The agency is currently conducting an antitrust review of deals involving major tech firms and leading AI companies.
Microsoft has decided to relinquish its board observer seat at OpenAI, a move aimed at addressing concerns related to antitrust scrutiny. The decision comes as regulatory authorities in the United States and the United Kingdom have raised questions about the extent of Microsoft's control over the AI startup