Friday, November 15, 2024

Apple reportedly in early talks of investing in OpenAI — just before ChatGPT comes to Siri in iOS 18

Apple is in talks to invest big bucks into OpenAI as part of an upcoming funding round.

According to sources at the Wall Street Journal, OpenAI — known for its AI assistant ChatGPT — has been in talks with Apple, Nvidia, and Microsoft about a funding round that could value the company at $100 billion. The article also highlights how Microsoft, already a major partner of OpenAI, is looking to invest even more in the company. ‘It couldn’t be learned how much Apple or Microsoft will invest into OpenAI this round. To date, Microsoft has been the primary strategic investor in OpenAI. It owns a 49% share of the AI startup’s profits after investing $13 billion since 2019.”


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