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As regulatory scrutiny picks up, the tech giant says it is pleased with the progress OpenAI has made with governance and considers its oversight role unnecessary.
Alphabet unit Google's cloud subsidiary will look into other options in its fight against Microsoft's licensing practices, the head of Google Cloud head said on Wednesday.
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Microsoft and Apple have reportedly nixed plans to hold observer seats on OpenAI's board of directors – a move that comes as the tech firms face a widening antitrust crackdown in the US and Europe.
Technology giant Microsoft (NASDAQ: MSFT) has rallied in recent months, mainly due to its involvement in the artificial intelligence (AI) scene.
Microsoft has reached an agreement with Cloud Infrastructure Services Providers in Europe (CISPE), nearly two years after the European not-for-profit trade association filed an antitrust complaint with the European Commission (EC) alleging that Microsoft was using its market dominance in the business software realm to tether customers to its Azure cloud.
Microsoft has clinched a deal to settle CISPE's antitrust complaint about its cloud computing licensing practices, the U.S. tech giant and the trade group said on Wednesday.
Microsoft has ditched plans to take up a non-voting position on the board of ChatGPT maker OpenAI, according to a letter seen by AFP on Wednesday, as regulators step up scrutiny of deals involving AI companies.
Microsoft (MSFT) has reportedly stepped back from its non-voting board seat on the board of ChatGPT maker OpenAI less than a year after joining it, while Apple (AAPL) has reportedly declined the opportunity to take a similar role as it integrates ChatGPT into new iPhones and operating systems.
Shares of the tech giant have taken off impressively thanks to the growing adoption of AI. The company's growth rate has improved considerably, and this trend is likely to continue.
As Microsoft and Nvidia continue to rise, fellow AI leader Palantir stock has launched a fresh breakout into buy range.