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Microsoft The company will reportedly give up its OpenAI board observer seat amid regulatory scrutiny of generative artificial intelligence in Europe and the U.S.
According to multiple media reports, Microsoft deputy general counsel Keith Dolliver sent a letter to OpenAI on Tuesday night, saying that the position provides insights into the board’s activities without compromising its independence.
But the letter added that the seat was no longer needed According to the Financial Times, Microsoft “witnessed significant progress” from its newly formed board of directors.
CNBC has reached out to Microsoft and OpenAI for comment.
The European Commission previously said Microsoft could face an antitrust investigation as it examines the market for virtual worlds and generative artificial intelligence.
The European Commission, the EU’s executive arm, said in January that it was “looking at a number of agreements between large digital market players and developers and providers of generative artificial intelligence,” singling out Microsoft’s work with OpenAI. Research a specific transaction.
In June, EU antitrust regulators It said it would seek more third-party opinions on the transaction.
Back in November, Microsoft took a non-voting board seat on OpenAI to quell some questions about its interest in the startup after OpenAI CEO Sam Altman experienced He went through a tumultuous period, was fired and then quickly rehired.
Altman said in a note to employees at the time that OpenAI “clearly made the right choice to partner with Microsoft, and I’m pleased that our new board has included them as a non-voting observer.”
After OpenAI released the ChatGPT chatbot in late 2022, it became one of the hottest new startups in the world.
Microsoft has poured billions of dollars into the startup, bringing its total investment to a reported $13 billion to date. Given its investment and partnership with OpenAI, the tech giant has become a de facto leader in advancing basic artificial intelligence models.
This is a breaking news story and is being updated.
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