• Latest
  • Trending
Microsoft, Apple not to take board seats in OpenAI

Microsoft, Apple not to take board seats in OpenAI

What Vibe Coding means in the age of AI

How vibe coding can help small businesses to build apps? 

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

Hiring declines in Indian IT as layoffs increase worldwide

Hiring declines in Indian IT as layoffs increase worldwide

Defence Production Dept. strengthens ties with Karnataka to boost manufacturing

Defence Production Dept. strengthens ties with Karnataka to boost manufacturing

xAI launches Grok Code Fast 1 to compete in AI coding

xAI launches Grok Code Fast 1 to compete in AI coding

Google Cloud brings Gemini AI to all platforms, boosts enterprise AI in Singapore

Google Cloud brings Gemini AI to all platforms, boosts enterprise AI in Singapore

New AI tool from OpenAI can write and fix code

New AI tool from OpenAI can write and fix code

ADIO partners with Ant International to boost Abu Dhabi’s fintech ecosystem

ADIO partners with Ant International to boost Abu Dhabi’s fintech ecosystem

Cognizant and Eagle Eye partner for AI-Powered loyalty solutions

Cognizant and Eagle Eye partner for AI-Powered loyalty solutions

Nvidia hits $4 trillion as AI demand surges

Nvidia hits $4 trillion as AI demand surges

Saturday, August 30, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

Microsoft, Apple not to take board seats in OpenAI

in world
Reading Time: 2 mins read
0
Microsoft, Apple not to take board seats in OpenAI
Share on FacebookShare on Twitter

DBT Bureau

Bengaluru, 11 July 2024

RelatedPosts

Data Story: India faces the highest US tariff in Asia

India braces for 50% US tariff from tomorrow

US cancels over 6,000 student visas creating worry for Indian families

Microsoft and Apple will not take board seats in ChatGPT-maker OpenAI as regulatory scrutiny increases in the US.

Reportedly, Microsoft was planning to be an observer on the board of OpenAI after it infused $13 billion in the artificial intelligence company in April this year. However, the technology giant will remain the largest shareholder of OpenAI with a 49% stake.

According to reports of the Financial Times, Apple also dropped its plans to join the OpenAI board on the back of its stake in the company.

“We’re grateful to Microsoft for voicing confidence in the Board and the direction of the company, and we look forward to continuing our successful partnership,” said OpenAI spokesperson Steve Sharpe according to The Verge.

“Under the leadership of CFO Sarah Friar, we are establishing a new approach to informing and engaging key strategic partners – such as Microsoft and Apple – and investors – such as Thrive Capital and Khosla Ventures,” the report said.

According to these reports, OpenAI will take a new approach towards Microsoft and Apple by hosting regular stakeholder meetings to share progress on its mission and ensure stronger collaboration across safety and security.

These developments have come at a time when antitrust concerns over Microsoft’s deal with OpenAI have grown in recent months. While UK regulators have sought details of Microsoft’s partnership with OpenAI in December, EU regulators are also looking into this partnership.

Big tech firms have been facing rising scrutiny from regulators across the world over their dominance on the technology space through predatory pricing policies. Even the ill-effects of services they provide have been under the scanner of various governments across the world.

Related Posts

India’s top export destinations: how trade tells the story of global alliances

Data Story: India faces the highest US tariff in Asia

2

DBT Bureau Bengaluru, 27 August 2025 After the US imposed 50% tariff on India, the country is now facing the...

Data Story: US New Tariff Rates

India braces for 50% US tariff from tomorrow

0

Athira Sethu Kochi, 26 August 2025 The United States has made a decision to increase tariffs on Indian imports. From...

Trump’s $5M Gold Card Visa a Game Changer for Immigrants

US cancels over 6,000 student visas creating worry for Indian families

0

Athira Sethu Kochi, 23 August 2025 Indian students in the United States are being told to remain calm but cautious...

US pauses new student visas amid social media review plans

US to review 55 million visa holders for possible violations

1

Athira Sethu Kochi, 22 August 2025 The Trump administration has initiated a sweeping review of over 55 million individuals who...

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model
Business

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

0

DBT Bureau Pune, 29 August 2025 O2 Telefónica Germany will launch its Large Telco Model (LTM) to strengthen the Service...

Read moreDetails
Fusion CX expands in India with new 350-seat delivery center in Bengaluru
Media Release

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

0

DBT Bureau Pune, 29 August 2025 Fusion CX, a global leader in customer experience (CX) and business process management, has...

Read moreDetails
Galaxy Tab S10 Lite: A value-packed tablet for everyday needs
Mobile

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

0

Immersive display: A 10.9-inch screen with Vision Booster and up to 600 nits peak brightness delivers vibrant viewing indoors and...

Read moreDetails
Hiring declines in Indian IT as layoffs increase worldwide
Tech

Hiring declines in Indian IT as layoffs increase worldwide

0

Athira Sethu Kochi, 29 August 2025 In 2025, numerous individuals across the globe have lost employment in the tech industry....

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?