After the success of models like ChatGPT, OpenAI has been actively seeking support from tech giants and investors, planning to raise $6.5 billion in its next funding round. Among these potential investors was Apple, but reports suggest that the company has decided to terminate discussions.
Decision to Withdraw
According to sources close to the matter, Apple will not be making any offers to OpenAI in this funding round and will cease further negotiations. Apple is currently focused on integrating its own AI models, branded as Apple Intelligence, into new devices, indicating a shift in strategy toward developing in-house capabilities.
Microsoft’s Continued Support
In contrast, Microsoft and NVIDIA have reportedly reaffirmed their commitment to investing in OpenAI. Microsoft plans to inject $1 billion into the AI powerhouse during this upcoming funding round, which could help elevate OpenAI’s valuation beyond $100 billion. This would bring Microsoft’s total investment in OpenAI to approximately $14 billion.
OpenAI made headlines in 2022 with the launch of ChatGPT, marking a significant moment in the widespread adoption of AI models. Following this, tech companies began pouring billions into AI development to stay competitive. Throughout this period, OpenAI has also been in the spotlight for internal management turmoil and high-profile departures.
Apple’s decision to step back from investing in OpenAI highlights a strategic pivot as it aims to develop its own AI technologies. With Microsoft doubling down on its investment, it seems the race for AI supremacy continues to heat up. newstimesturkey.com is curious to know your thoughts: Would you invest in OpenAI at this stage, or would you consider exploring other options? Share your opinions!
