OpenAI is seeking a new round of funding that values the company at over $100 billion, and a new report today says Apple is in negotiations to join in. According to The Wall Street Journal, Apple is “in talks to invest in OpenAI” alongside other companies, including Microsoft.
The report is light on details and says it “couldn’t be learned how much Apple or Microsoft will invest into OpenAI this round.” Microsoft, of course, is already a major investor in OpenAI and owns a 49% share of its profits.
From today’s report:
“Apple is in talks to invest in OpenAI, a move that would cement ties to a partner integral to its efforts to gain ground in the artificial-intelligence race.
The investment would be part of a new OpenAI fundraising round that would value the ChatGPT maker above $100 billion, people familiar with the situation said.
It couldn’t be learned how much Apple or Microsoft will invest into OpenAI this round. To date, Microsoft…”
Source 9to5mac.com