Dec 09, 2023 1:49 pm
British regulators review Microsoft's partnership with OpenAI, Microsoft responds: It does not own shares in OpenAI
On December 8, local time, the British Competition and Markets Authority said that it is collecting information from stakeholders to determine whether the cooperation between Microsoft and OpenAI threatens the UK’s headquarters for Google’s artificial intelligence research laboratory Deepmind. market competition.
Subsequently, a Microsoft spokesperson said in a statement: "While the details of our agreement remain confidential, it must be noted that Microsoft does not own any shares in OpenAI and is only eligible to share profit distribution." An OpenAI spokesperson said, " Microsoft’s non-voting observer seat on the board of directors does not provide them with management authority or control over OpenAI’s operations.” (Financial World)