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International Business Times
International Business Times
Business
Raziye Akkoc

INSANE: Microsoft drops openai board seat as scrunity increases - The Real Truth

Microsoft OpenAI ChatGPT European Union Apple Inflection
Microsoft giving up its observer seat on the board of ChatGPT maker OpenAI comes as Brussels seeks more information about the relations between the two companies (Credit: AFP)

Microsoft has ditched plans to take up a non-voting position on the board of ChatGPT maker OpenAI, according to a letter seen by AFP on Wednesday, as regulators step up scrutiny of deals involving AI companies.

Microsoft's $13-billion tie-up with OpenAI has raised concerns on both sides of the Atlantic about just how much influence the tech giant has over its smaller partner.

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