Microsoft ditches OpenAI board observer seat

Business

Reuters / Updated: Jul 11, 2024, 05:28 IST

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Microsoft

has given up its board observer seat at

OpenAI

in a move aimed at easing US and UK antitrust regulators’ concerns about the extent of its control over OpenAI. But the change was unlikely to resolve concerns by the

US FTC

, a source at the agency said.

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