Microsoft exits OpenAI’s board amid move by regulators in the U.S. and overseas to review the companies’ relationship.
Microsoft is giving up its seat on OpenAI’s board, saying its presence is no longer necessary as the ChatGPT maker’s governance has improved since its boardroom upheaval last year.
“We appreciate the support shown by OpenAI leadership and the OpenAI board as we made this decision”, Microsoft stated in a Tuesday letter. The company’s resignation is effective immediately, Microsoft said.
The unexpected exit comes as antitrust regulators scrutinize Microsoft’s partnertship with OpenAI, under which the software giant invested billions in OpenAI.
