According to a report in The Wall Street Journal, Apple is in talks to invest in OpenAI, the generative AI company whose ChatGPT will feature in futur

Apple is reportedly trying to invest in OpenAI

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2024-08-30 16:30:07

According to a report in The Wall Street Journal, Apple is in talks to invest in OpenAI, the generative AI company whose ChatGPT will feature in future versions of iOS.

If the talks are successful, Apple will join a multi-billion dollar funding round led by Thrive Capital that would value the startup at more than $100 billion.

The report doesn't say exactly how much Apple would invest, but it does note that it would not be the only participant in this round of funding. For example, Microsoft is expected to invest further, and Bloomberg reports that Nvidia is also considering participating.

Microsoft has already invested $13 billion in OpenAI over the past five years, and it has put OpenAI's GPT technology at the heart of most of its AI offerings in Windows, Office, Visual Studio, Bing, and other products.

Apple says it plans to add support for other AI chatbots for this in the future, such as Google's Gemini, but Apple software lead Craig Federighi said the company went with ChatGPT first because "we wanted to start with the best."

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