By securing the board observer role, Apple will be on a similar footing to Microsoft Corp., OpenAI’s major backer and primary AI technology provider.While the observer role does not include voting rights or other director powers, it will allow the individual to attend board meetings and gain insights into the company’s decision-making processes.It is worth noting that the presence of both Microsoft and Apple in OpenAI board meetings could lead to complications, given their history as both rivals and partners. Certain meetings will likely cover future AI initiatives involving OpenAI and Microsoft, during which Microsoft might prefer Schiller to be absent. It’s common for board observers to leave meetings during sensitive discussions.While Schiller is not in charge of Apple’s AI initiatives, his long-standing role in managing the company’s brand makes him a fitting choice for the observer position, as per the report. At 64, Schiller stepped down as head of marketing in 2020 and now holds the title of Apple Fellow. He continues to oversee the App Store and manages the company’s product launch events.
sekar nallalu Corporate,Cryptocurrency Apple Secures Observer Role on OpenAI Board in Landmark Partnership Move