OpenAI moves to shrink regulatory risk in EU around data privacy | TechCrunch | The Marteq Alert | Scoop.it

OpenAI has updated its terms to designate its Irish entity, OpenAI Ireland Limited, as the data controller for European Economic Area (EEA) and Swiss residents. This move, effective February 15, 2024, aims to streamline privacy oversight under the GDPR's one-stop-shop mechanism and reduce regulatory risk. The change allows OpenAI to centralize GDPR oversight with Ireland's Data Protection Commission (DPC), joining other tech giants in Dublin. OpenAI's engagement with the DPC and other EU data protection authorities is part of this strategic shift. This decision follows scrutiny of ChatGPT's privacy implications and aims to strengthen compliance with European data protection standards.