The Wall Street Journal first reported on Apple’s curiosity, citing sources, whereas Bloomberg News reported on Nvidia’s potential involvement.
The information comes a day after the Journal reported that enterprise capital agency Thrive Capital would make investments round $1 billion (roughly Rs. 78.70 crore) in OpenAI, main the funding spherical.
Apple and OpenAI not instantly reply to Reuters requests for remark, whereas Thrive Capital, Nvidia and Microsoft declined remark.
OpenAI has develop into more and more essential to Apple’s synthetic intelligence technique, with the iPhone maker bringing the AI agency’s chatbot, ChatGPT, to Apple units in June as a part of “Apple Intelligence.”
Apple was additionally reported to realize an observer position on OpenAI’s board.
Microsoft, OpenAI’s largest strategic investor with over $10 billion (roughly Rs. 787 crore) invested, can be anticipated to take part within the funding spherical, based on the WSJ report.
The precise funding quantities from Apple, Microsoft and Nvidia stay undisclosed.
OpenAI’s excessive valuation is a results of the AI arms race it sparked with the launch of ChatGPT in late 2022, prompting corporations throughout industries to speculate billions within the know-how to remain forward of the competitors and seize market share.
The Sam Altman-led agency was reportedly valued at $80 billion (roughly Rs. 6,296 crore) in February after finishing a deal the place the corporate would promote current shares in a so-called tender supply led by Thrive Capital.
© Thomson Reuters 2024
(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)
