All Updates

All Updates

icon
Filter
Management news
Microsoft renounces observer seat on OpenAI's board
Foundation Models
Jul 10, 2024
This week:
Product updates
ABL Space Systems' RS1 rocket damaged during preflight testing
Space Travel and Exploration Tech
Yesterday
Partnerships
Eve Air Mobility partners with Siemens to evaluate energy services for eVTOL aircraft
Passenger eVTOL Aircraft
Yesterday
Partnerships
Crisalion Mobility collaborates with Wilbur Air to operate Integrity eVTOL in Australia
Passenger eVTOL Aircraft
Yesterday
Partnerships
Supernal collaborates with Sigma Air Mobility to develop AAM Market
Passenger eVTOL Aircraft
Yesterday
Partnerships
SpaceX secures ~USD 113 million NASA contract for JPSS-4 mission
Next-gen Satellites
Yesterday
Partnerships
SpaceX secures ~USD 113 million NASA contract for JPSS-4 mission
Space Travel and Exploration Tech
Yesterday
Industry news
NASA advances space communications for lunar exploration
Space Travel and Exploration Tech
Yesterday
Funding
Industry news
Indian aerospace industry receives INR 10 billion budget to advance in space technology
Space Travel and Exploration Tech
Yesterday
Funding
Third Arc Bio raises USD 165 million in Series A funding to advance oncology and autoimmunity clinical programs
Precision Medicine
Yesterday
Partnerships
BostonGene collaborates with Sylvester Comprehensive Cancer Center to validate blood- and bone marrow-based assays for hematological cancers
Precision Medicine
Yesterday
Foundation Models

Foundation Models

Jul 10, 2024

Microsoft renounces observer seat on OpenAI's board

Management news

  • Microsoft has renounced its observer seat on the board of OpenAI, effective from July 9, as the company is reportedly confident in OpenAI's direction after seeing enough progress in governance improvements. The observer seat allowed Microsoft access to confidential information and participation in OpenAI board meetings despite lacking voting rights.

  • Analyst QuickTake: Microsoft took an observer role following Sam Altman's dismissal and subsequent reappointment at OpenAI last year. During this period, the board underwent significant changes, with Quora CEO Adam D’Angelo being the sole member to retain his position. Earlier this month, Apple was also expected to take an observer role on OpenAI’s board as part of a deal to integrate ChatGPT into its devices, but it is unlikely this would happen as OpenAI will reportedly not allow any other observer seats after this change.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.