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Published 14 days ago

Microsoft drops its observer seat on OpenAI board amid regulatory scrutiny

  • Microsoft invested $1 billion in OpenAI in 2019, with total investments reaching $13 billion. The European Commission investigated their partnership but found Microsoft did not gain control of OpenAI.
  • Due to regulatory scrutiny, Microsoft decided to give up its observer seat on the OpenAI board. The European Commission considered an antitrust investigation into virtual worlds and generative artificial intelligence markets.
  • Microsoft has invested $13 billion in OpenAI to date, with no control over the company.
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