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Apple and Nvidia to invest in OpenAI: Rumors

Abhishek Jha by Abhishek Jha
August 31, 2024
in Apple
0
According to reports, Apple and Nvidia are in negotiations to participate in a multibillion-dollar fundraising round headed by venture capital firm Thrive Capital, which would allow them to invest in ChatGPT creator OpenAI.

According to reports, Apple and Nvidia are in negotiations to participate in a multibillion-dollar fundraising round headed by venture capital firm Thrive Capital, which would allow them to invest in ChatGPT creator OpenAI.

In a financing round that is anticipated to value the artificial intelligence research organization at over $100 billion, OpenAI will see investments from Apple, Nvidia, and Microsoft in addition to longtime supporter Microsoft, according to a Wall Street Journal article.

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Apple and Nvidia to invest in OpenAI: Rumors
Apple and Nvidia to invest in OpenAI: Rumors

Apple and Nvidia to invest in OpenAI: Rumors and details

When a user asks a question or receives another prompt, Siri will have the ability to display ChatGPT answers immediately. Users of Apple’s system-wide Writing Tools feature will also be able to generate text and graphics with ChatGPT. According to Apple, OpenAI’s most recent GPT-4o model will power ChatGPT on its platforms.

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APPLE $AAPL IS IN TALKS TO INVEST IN OPENAI

The investment would be part of a new OpenAI fundraising round that would value the ChatGPT maker above $100 Billion. It couldn’t be learned how much Apple or Microsoft will invest into OpenAI this round – WSJ pic.twitter.com/qgJ0jU0nWp

— Evan (@StockMKTNewz) August 29, 2024

ChatGPT will be available to users of iPhone, iPad, and Mac for free without the need to create an account. ChatGPT Plus members will be able to link their accounts to these devices in order to access paid services. According to Apple, IP addresses of users would be hidden and OpenAI will not retain ChatGPT queries made from its devices.

Apple is reportedly getting an observer position on OpenAI’s board in addition to its possible investment. This action would strengthen Apple’s partnership with OpenAI and bring the tech behemoth closer to the state-of-the-art developments in artificial intelligence.

Apple and Nvidia to invest in OpenAI: Rumors
Apple and Nvidia to invest in OpenAI: Rumors

With over $10 billion in investments to date, Microsoft is OpenAI’s largest strategic investor and is anticipated to take part in the funding round. The precise sums of Apple and Microsoft’s investments, however, are yet unknown.

Additionally, users will be able to generate text and graphics by using ChatGPT as a feature of Apple’s system-wide Writing Tools feature. Apple has confirmed that ChatGPT would run on all of its platforms using OpenAI’s most recent GPT-4o model.

While ChatGPT Plus subscribers will be able to link their accounts to access premium features on these platforms, users of iPhone, iPad, and Mac can access ChatGPT for free without creating an account.

Tags: AppleApple and NvidiaNVIDIA
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