AI Innovations Newsletter #3

Microsoft's change of strategy in the field of AI: In-house developments instead of dependence on OpenAI Microsoft ($MSFT) has adjusted its strategy in the field of artificial intelligence and is increasingly developing its own AI models in order to reduce its dependence on OpenAI. The technology giant withdrew from its observer role on the board of directors to address regulatory concerns about its involvement in OpenAI. Microsoft's decision to relinquish its observer role on the OpenAI board of directors came in the context of regulatory investigations. The UK Competition and Markets Authority (CMA) had launched an investigation into Microsoft's $13 billion investment in OpenAI to examine whether Microsoft exercises a dominant influence over OpenAI through this investment. By relinquishing...