Apple is set to join the OpenAI board as an observer as part of the AI agreement

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Apple is set to join the OpenAI board as an observer as part of the AI agreement
Apple is set to join the OpenAI board as an observer as part of the AI agreement

As part of a historic AI collaboration disclosed last month, sources claim that Apple will create a new tab and gain an observer position on OpenAI’s board.

Apple (AAPL.O) received an observer position on OpenAI’s board as part of a historic AI deal announced last month. According to the source on Tuesday, Phil Schiller, the former marketing executive of Apple and current head of the App Store, was selected for the role. According to the article, Schiller has not yet attended any meetings, and the board arrangement will go into action later this year.

According to the report, an observer may attend board meetings without having the ability to vote or use other authority that directors typically possess. On the other hand, observers do learn more about the company’s decision-making process. This action follows Apple’s June statement that it will be integrating its new “Apple Intelligence” technology throughout its suite of apps, including Siri, the virtual assistant, and introducing OpenAI’s chatbot ChatGPT to its devices.

The CEO of the firm, Sam Altman; Sue Desmond-Hellmann, a former CEO of the Bill and Melinda Gates Foundation; Nicole Seligman, a former president of Sony Entertainment; and Fidji Simo, CEO of Instacart (CART.O), are among the new directors that OpenAI announced in March.

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