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Microsoft, Apple drop OpenAI board plans as scrutiny grows

By Economic Times - 2 months ago
Microsoft and Apple have decided against taking board roles at OpenAI, citing regulatory scrutiny. Microsoft's $13 billion investment and integration of OpenAI's tech in products like Windows face antitrust probes. Despite withdrawing, concerns about stifling competition persist. US and European regulators are scrutinizing Big Tech's dominance in AI. Analysts foresee AWS and Google becoming preferred partners amid growing demand and regulatory pressure. This move underscores challenges as tech giants balance innovation and regulatory compliance in the AI landscape.

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