Apple and Nvidia are reportedly in discussions to invest in OpenAI, the company behind the popular ChatGPT chatbot, as part of a new fundraising round. This potential investment could push OpenAI’s valuation beyond $100 billion, underscoring its growing prominence in the artificial intelligence sector.
Investment Details and Strategic Moves– OpenAI
According to reports from The Wall Street Journal and Bloomberg News, Apple is exploring the possibility of participating in this funding round, while Nvidia’s involvement is also being discussed. Thrive Capital, a venture capital firm, is leading the current fundraising efforts with plans to invest approximately $1 billion in OpenAI.
This development comes as OpenAI has become increasingly significant to Apple’s AI strategy. In June, Apple integrated ChatGPT into its devices under the initiative known as “Apple Intelligence.” The collaboration is expected to deepen further, with Apple poised to gain an observer role on OpenAI’s board, signaling a closer partnership between the two tech giants.
Microsoft’s Continued Role
Microsoft, already a major investor in OpenAI with over $10 billion committed, is also anticipated to participate in this new funding round. However, specific details about the amounts that Apple, Nvidia, and Microsoft will contribute have not been disclosed.
Impact of AI and Competitive Landscape
OpenAI’s rising valuation reflects the intense competition in the AI sector, which has accelerated following the launch of ChatGPT in late 2022. The success of ChatGPT has spurred substantial investments from various industries keen on advancing their AI capabilities. Earlier this year, OpenAI was valued at $80 billion after a tender offer led by Thrive Capital, which involved the sale of existing shares.
As the AI landscape continues to evolve, the involvement of major players like Apple and Nvidia highlights the growing importance and competitive nature of AI technology.
