Apple drops out of talks to join OpenAI investment round

Posted under: Tech Move
Date: 2024-09-30
Apple drops out of talks to join OpenAI investment round

Apple has exited negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, according to the Wall Street Journal. Microsoft is expected to invest about $1 billion in the round, after having already invested $13 billion into OpenAI. The funding round could value OpenAI, the maker of ChatGPT, above $100 billion.

Read more at: indianexpress.com