8min chapter

Bloomberg Intelligence cover image

OpenAI Board Plans, Powell House Testimony

Bloomberg Intelligence

CHAPTER

Tech Giants Withdraw From OpenAI Board Amid Regulatory Scrutiny

The chapter explores Microsoft and Apple's decision to step back from taking board roles at OpenAI in light of increasing regulatory oversight. It delves into the conflicts of interest due to Microsoft's stake in OpenAI and the evolving relationships between OpenAI, Microsoft, and Apple. The discussion also covers the computational needs of AI companies, the dynamics of utilizing cloud providers like Microsoft Compute, and the concerns regarding the valuation and deployment of AI technologies in the market.

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