Apple has struck a deal with OpenAI that will give the tech giant a board observer position. OpenAI, a research lab focused on artificial intelligence, has agreed to give Apple this position as part of a partnership that will allow Apple to use OpenAI’s technology in its products. This move is seen as a way for Apple to stay competitive in the AI space, as the company has been lagging behind rivals like Google and Amazon in this area. The deal also includes a provision that prevents OpenAI from sharing confidential information with Apple’s competitors. This partnership is expected to benefit both companies, with Apple gaining access to cutting-edge AI technology and OpenAI receiving financial support and potential new opportunities for growth.
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Apple to gain board observer role after OpenAI partnership. #tech
Preeti
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