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Apple secures board observer seat in OpenAI deal. #technology

Apple Secured Board Observer Seat As Part of OpenAI Deal: Bloomberg

Apple has secured a board observer role at OpenAI as part of a partnership deal, according to Bloomberg. This move elevates Apple to the level of Microsoft within the AI startup. Phil Schiller, head of Apple’s app store, has been chosen for this position. The deal follows Apple’s announcement of integrating OpenAI’s ChatGPT into future devices, with the option for users to opt-out. Schiller’s role as an observer allows Apple to gain insight into OpenAI’s operations without voting powers.

Microsoft, a major backer of OpenAI, had concerns about the Apple deal, as reported by The Information. However, the partnership could ultimately benefit Microsoft by providing insight into Apple and potentially fostering friendlier relationships between the two tech giants. Board observers like Schiller may be asked to leave meetings with sensitive information, as reported by Bloomberg.

The partnership with Apple is seen as a significant win for OpenAI, especially for CEO Sam Altman amidst internal challenges and controversies within the company. The deal comes at a crucial time for OpenAI and could potentially pave the way for improved relationships between tech competitors.

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Source link: https://www.businessinsider.com/apple-openai-board-observer-seat-microsoft-report-bloomberg-2024-7?amp

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