Microsoft, Apple Resign from OpenAI Board Positions Amid Regulatory Fever

As AI companies face increasing scrutiny, OpenAI is forced to bow to antitrust regulators who have its benefactors in their sights.

Tech giants Microsoft and Apple have decided to resign from their seats on the board of OpenAI, the creator of ChatGPT, as non-voting observers, apparently to avoid regulatory scrutiny of their investments in AI startups, the Financial Times reports. reported on Wednesday.

Global antitrust and regulatory authorities have raised concerns that Microsoft and Apple’s links to OpenAI and investments in the emerging AI sector could undermine fair competition. Antitrust authorities in the EU and US Federal Trade Commission we explore opportunities for Microsoft, Amazon, and Google to invest in these new AI startups.

IN letter Microsoft confirmed on Tuesday that it was resigning, convinced…