 Technology |
Technology |
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Microsoft gives up OpenAI board seat amid scrutiny |
The tech giant gave up its observer board role amid scrutiny over the partnership from regulators in the U.S. and Europe. |
Microsoft sent a letter Tuesday to the artificial intelligence (AI) company, which makes ChatGPT, saying it would give up the observer seat "effective immediately," our colleague Sarah Fortinsky reported. "We appreciate the support shown by OpenAI leadership and the OpenAI board as we made this decision," Microsoft said in its letter. Microsoft, which has invested heavily in OpenAI, said it assessed its presence was no longer needed on the board since OpenAI's governance had improved since last year's chaotic boardroom turnover. The position had been added after OpenAI CEO Sam Altman was ousted by board members in November. Altman was given a spot to hire an AI research team at Microsoft during his brief time away from OpenAI, but a few days after the initial ousting he was bought back on at the company he helms. As part of his return deal, Microsoft also gained the non-voting observer position on the OpenAI board. The Financial Times, citing a person familiar with the matter, reported that Apple would not take up a similar position on OpenAI's board amid regulatory scrutiny of investments in such AI companies. The changes come as the Federal Trade Commission is reportedly investigating OpenAI and Microsoft over their role in the AI industry. European Union regulators have also signaled they will take a look at Microsoft's partnership with OpenAI. |
Welcome to The Hill's Technology newsletter, we're Rebecca Klar and Julia Shapero — tracking the latest moves from Capitol Hill to Silicon Valley. |
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How policy will be impacting the tech sector now and in the future: |
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A federal judge in California has dismissed a severance suit against tech billionaire Elon Musk that accused him of refusing to pay at least $500 million in severance to former Twitter staffers whom he fired when he took over the social media platform, now called X. U.S. District Judge Trina Thompson in a ruling Tuesday said the estimated 6,000 workers who were laid off after Musk purchased the company in 2022 were not … |
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Rep. Jennifer Wexton (D-Va.) unveiled an artificial intelligence (AI) recreation of her voice Wednesday as she battles a neurodegenerative disease that has “robbed” her of her “full voice.” Wexton, who has said she has progressive supranuclear palsy (PSP), said in a post on the social platform X Wednesday that "AI has allowed me to make a new model of my voice like it was before my PSP." "For those of … |
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CNN plans to cut scores of jobs as it goes through a major restructuring of its news-gathering operation and launches a digital subscription product later this year. “CNN is one of the world's most successful multi-platform global news brands, but we can't thrive as a company unless we find new sources of revenue to offset the structural pressures on legacy income streams,” CEO Mark Thompson wrote in a memo obtained … |
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Story at a glance Scientists theorize the exoplanet known as LHS 1140 could resemble a snowball planet, with liquid water on the side that always faces the star it orbits. It lies in the so-called “Goldilocks” zone where planets are believed to potentially be habitable. Data from the James Webb telescope suggests the planet potentially contains a significant amount of liquid water. (NewsNation) — Data from the James … |
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News we've flagged from the intersection of tech and other topics: |
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NATO invites content creators to summit |
NATO has invited 16 content creators from several member nations to its summit in Washington as it seeks to boost its reputation with young people, The Washington Post reported. |
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Meta to allow young kids to chat in VR |
Meta, the parent company of Facebook and Instagram, will now allow kids between 10 and 12 years old to interact with other users in virtual reality if they get their parents' approval, The Verge reported. |
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Upcoming news themes and events we're watching: |
- The Senate Commerce, Science and Transportation Committee will hold a hearing on "The Need to Protect Americans' Privacy and the AI Accelerant" on Thursday at 10 a.m. ET.
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Branch out with other reads on The Hill: |
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Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan |
WASHINGTON (AP) — Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce. The company behind QuickBooks and TurboTax said it was laying off 1,800 employees, but that it expects to hire at least … |
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Two key stories on The Hill right now: |
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Democratic donors say the uncertainty around the Biden campaign is contributing to a sense of doom around the president’s key fundraising … Read more |
| Democratic strategist David Axelrod said he thinks former Speaker Nancy Pelosi's (D-Calif.) recent comments about President Biden's candidacy were … Read more |
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Opinion related to tech submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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