Category: Relinquish
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Microsoft to relinquish its observer seat on OpenAI board
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Microsoft (NASDAQ:) has announced that it will give up its observer seat on OpenAI’s board of directors amid growing regulatory scrutiny of generative artificial intelligence in Europe and the United States, according to CNBC. Keith Dolliver, Microsoft’s deputy general counsel, wrote to OpenAI on Tuesday, explaining that while the observer…
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ICM Capital to Relinquish FCA License
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ICM Capital plans to end its operations in the United Kingdom, according to a notice on the regulator’s website that the forex and CFD broker has applied to cancel its licence. The Financial Conduct Authority (FCA) said that ICM “must meet our standards in dealing with its clients”. ICM is…