After investing $13 billion in OpenAI in 2023, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators.
Technology giants Microsoft and Apple have reportedly decided not to take up board seats at the artificial intelligence firm OpenAI amid increasing regulatory scrutiny.
Microsoft has sent a letter to OpenAI announcing its withdrawal from the board, Bloomberg reported on July 10, citing an anonymous person familiar with the matter.
The withdrawal came about a year after the Windows software maker made a massive $13 billion investment in OpenAI in April 2023.
