Apple is reportedly in talks with OpenAI for investing in its latest fundraising round.
According a report from The Wall Street Journal, Apple is expected to invest in the ChatGPT maker. Venture capital firm Thrive Capital is leading the investment round, which would make OpenAI’s valuation above $100 billion. Apple analyst Mark Gurman also reported the rumored investment and added that Nvidia and Microsoft would also be participating.
So yes, the three most valuable tech companies in the world want to get in on what OpenAI is offering.
Inside Apple’s AI plans
Microsoft has been a major investor in OpenAI since 2019, pouring $13 billion into the AI company. The deal gave Microsoft exclusive access to OpenAI’s LLMs, which has enabled Microsoft to boost up its own AI productivity tools and features. But Microsoft and OpenAI are no longer exclusive.
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At Apple’s WWDC event in …