Connect with us


Microsoft resigns from observer position on OpenAI board


Yap Ariens | Nurphoto | Getty Images

Microsoft has announced that it will give up its observer status on the OpenAI board amid growing regulatory scrutiny of generative artificial intelligence in Europe and the United States.

Microsoft deputy general counsel Keith Dolliver wrote to OpenAI late Tuesday saying the role has provided insight into the board's activities without compromising its independence.

But the letter, seen by CNBC, added that the seat is no longer necessary because Microsoft has “seen significant progress from its newly created board.” CNBC has reached out to Microsoft and OpenAI for comment.

The European Commission had previously said Microsoft could face an antitrust investigation as a result of its investigation into the markets for virtual worlds and generative artificial intelligence.

The European Commission said in January that it was “investigating several agreements concluded between large digital market players and generative AI developers and providers,” specifically naming Microsoft's partnership with OpenAI as a target of its investigation.

The EU later concluded that the observer role did not alter OpenAI's independence, but EU regulators are seeking further independent opinions on the deal, and the UK Competition and Markets Authority remains concerned.

Microsoft took a non-voting seat on OpenAI's board of directors in November to allay some of the doubts about its interest in the startup, following a tumultuous period in which OpenAI CEO Sam Altman was fired and then quickly rehired.

In a memo to staff at the time, Altman said it was clear OpenAI “made the right choice in partnering with Microsoft and is pleased that the company will join our new board as a non-voting observer.”

OpenAI has emerged as one of the hottest startups in the world since releasing its ChatGPT chatbot in late 2022. The technology allows users to enter simple text queries and get smart, creative answers that lead to deeper conversations.

Microsoft has poured billions of dollars into the startup, bringing its total investment to date to a reported $13 billion. The tech giant's investment and partnership with OpenAI has made it a leader in advancing the underlying AI models.




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]