Apple, Nvidia in Talks to Join Openai Funding Round: Reports

Apple and chip giant nvidia are reportedly in talks to invest in openai as part of a new fundraising round Reports on Thursday.

The Wall Street Journal first reported on Apple’s Interest, Citing sources, While Bloomberg News Reported on Nvidia’s Potential involvement.

The news comes a day after the journey reported that venture capital firm through capital would invest Around $ 1 billion (roughly Rs. 78.70 Crore) in OpenaiLeading the funding round.

Apple and Openai Not Immedited to Reuters Reuters Requests for comment, while thrive capital, nvidia and Microsoft Declined comment.

Openai has become Increasingly Important to Apple’s Artificial Intelligence Strategy, with the iPhone Maker bringing the AI ​​Firm’s Chatbot, ChatgptTo apple devices in June as part of “Apple intelligence.”

Apple was also reported to Gain an observer role on Openai’s Board.

Microsoft, Openai’s largest strategic investor with over $ 10 billion (roughly Rs. 787 Crore), is also expected to participate in the funding in the funding, according to the WSJ Report.

The Exact Investment Amounts from Apple, Microsoft and Nvidia remain undiscLosed.

Openai’s High Valuation is a result of the ai arms race it sparked with the launch of chatgpt in late 2022, Prompting Companies Across Across Industries to Invest Billions in the Technology to Statay ahead of the Competition Capture Market Share.

The Sam altman-Led Firm was reportedly valied at $ 80 billion (roughly Rs. Capital.

© Thomson Reuters 2024

(This story has not been edited by ndtv staff and is auto-generated from a syndicated feed.)

6

Source link

Leave a Comment