Apple is reportedly in discussions to invest in OpenAI as part of a new fundraising round, which values the maker of ChatGPT at over $100 billion, according to sources cited by The Wall Street Journal. The round is being led by venture-capital firm Thrive Capital, with Microsoft also expected to participate. While the specific amounts that Apple and Microsoft plan to invest have not been disclosed, their involvement highlights the growing interest in artificial intelligence technologies.
This investment round could further solidify OpenAI’s position as a leading player in the AI industry, particularly as companies like Apple and Microsoft seek to deepen their involvement in AI-driven innovation. OpenAI’s valuation has surged in recent years, reflecting the widespread adoption of its products, such as ChatGPT, across various sectors.
The partnership with Apple could be particularly significant, as it may lead to deeper integration of AI capabilities into Apple’s ecosystem, enhancing the functionality of its devices and services. Meanwhile, Microsoft’s continued investment in OpenAI aligns with its strategy to incorporate advanced AI tools into its cloud computing and productivity offerings.
As the fundraising round progresses, more details about the specific investments and strategic implications for both Apple and Microsoft are expected to emerge. The collaboration among these tech giants could accelerate advancements in AI, bringing new innovations to market faster and more efficiently.
This news comes amid a broader trend of major tech companies investing heavily in AI research and development, underscoring the critical role that AI is expected to play in shaping the future of technology.
Source: The Wall Street Journal
Update
Nvidia has been in talks regarding participation in the OpenAI funding round.
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