Nvidia and Apple want in on OpenAI - Ground News
Reports have surfaced indicating that Apple and chip giant Nvidia are currently in discussions to invest in OpenAI as part of an upcoming fundraising round. This move could potentially skyrocket the valuation of the ChatGPT creator to over $100 billion, as per media reports on Thursday.
According to sources familiar with the matter cited by the Wall Street Journal, Apple is actively considering an investment in OpenAI, which could significantly boost the value of the ChatGPT maker. The discussions with Nvidia and Apple come on the heels of a funding round that drew interest from major tech players, including Microsoft, highlighting the crucial role that OpenAI plays in the artificial intelligence sector.
Big Tech Interest
Bloomberg reports suggest that prominent tech companies are eyeing participation in the funding round for ChatGTP creator, potentially valuing the company at a staggering $100 billion. The last fundraising round of OpenAI saw considerable attention from industry giants such as Nvidia, Apple, and Microsoft, underscoring the importance of the AI startup in the tech landscape.
Notably, Nvidia is reportedly exploring an investment of around $100 million in OpenAI, while both Apple and Microsoft are contemplating their involvement in the funding round, as sources reveal.
Recent Developments
The Wall Street Journal has shed light on Apple's engagement in negotiations for a possible investment in OpenAI, signaling the tech giant's interest in the ChatGPT maker. The news of Apple's potential investment comes shortly after reports of venture-capital firm Thrive Capital expressing interest in OpenAI.
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