Published 09/28/2024 6:40:00 p.m.

Apple drops out of talks to join OpenAI investment round, WSJ reports

Apple Inc. Has reportedly withdrawn from discussions to invest in OpenAI’s funding round, projected to raise between $6.5 billion and $7 billion.
Microsoft Corp. And Nvidia Corp. Are still in talks to invest, with Microsoft expected to contribute around $1 billion.
This contribution would add to Microsoft’s existing $13 billion investment in OpenAI.

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Reuters

Apple drops out of talks to join OpenAI investment round, WSJ reports

Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday.

09/28/2024 6:40:00 p.m.·United Kingdom

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Globo

Apple is no longer in negotiations to participate in the OpenAI investment round, says newspaper

Fundraising could raise up to US$ 6.5 billion and value OpenAI at US$ 150 billion. Apple is no longer involved in negotiations to invest in OpenAI during the company's next fundraising round, The Wall Street Journal reported yesterday, citing a source familiar with the matter. OpenAI: the company's ambitious plan to make artificial intelligence flow like energy New functions: New ChatGPT unveiled by OpenAI can solve math and science problems Th…

09/28/2024 12:48:19 p.m.·Brazil

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Channel News Asia

OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025

Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener no other investors are getting: the potential to invest another $1 billion next year at the same valuation if the AI firm hits a revenue goal, people familiar with the matter said on Friday

09/28/2024 12:13:54 a.m.·Singapore

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Benzinga

Tim Cook-Led Apple Reportedly Abandons OpenAI Funding Round Discussions, But Nvidia And Microsoft Could Still Invest In ChatGPT-Parent

Apple has reportedly withdrawn from last-minute negotiations to invest in OpenAI's $6.5 billion funding round, which is still expected to include contributions from Microsoft and Nvidia.

09/28/2024 6:52:17 a.m.·New York, United States

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Business Insider

Apple no longer in talks to invest in OpenAI: report

Apple is no longer involved in talks to invest in OpenAI's next funding round, which could value OpenAI at $150 billion, The Wall Street Journal reported.Budrul Chukrut/SOPA Images/LightRocket via Getty ImagesApple "fell out" of talks to invest in OpenAI's next funding round, The Wall Street Journal reported.The ongoing funding round, which could value OpenAI at $150 billion, could raise up to $6.5 billion.The round's investors and amounts could…

09/28/2024 2:31:36 a.m.·United States

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Die Presse

Apple withdraws from negotiations on OpenAI investment round

Apple apparently does not want to invest in OpenAI after all. In contrast to Microsoft, which, according to the Wall Street Journal, wants to invest another billion.

09/28/2024 6:56:57 a.m.·Vienna, Austria

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