The author writes, “A few weeks back, it was reported that Apple was exploring investing in OpenAI, the company that makes ChatGPT, the GPT model, and other popular generative AI products. Now, a new report from The Wall Street Journal claims that Apple has abandoned those plans.

What? You expected us to pay for this? The fruity cargo cult Apple has walked away from a funding round for OpenAI that is expected to raise approximately $6.5 billion. The move is surprising because Apple’s much-hyped Apple Intelligence depends on OpenAI.

In a short-lived will-they-won't-they love story to rival the likes of Heathcliff and Catherine, Apple is reportedly no longer in talks with ChatGPT creator OpenAI for investing in its latest fundraising round.

Previously, Apple was reported to be interested in AI investment with OpenAI. However, it was said that the iPhone maker had withdrawn from the negotiation.

Besides SoftBank, the ChatGPT developer’s new funding round is also expected to include the participation of Microsoft Corp. The tech giant previously provided OpenAI with about $13 billion worth of capital and cloud infrastructure. Microsoft is expected to up its OpenAI stake by another $1 billion.

The company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week.

Apple has exited its negotiations with popular ChatGPT AI chatbot maker OpenAI. The reason for Apple dropping out of talks is currently unclear.

Ever since Apple introduced Apple Intelligence, we found out that the company was pretty cozy with OpenAI. It wasn’t until recently that we found out how close their partnership was with rumors of the iPhone maker investing in the AI tech start-up.

Apple has withdrawn from negotiations to participate in OpenAI's recent funding round, according to reports. Microsoft and Nvidia are still in talks to invest, with Microsoft expected to contribute around $1 billion on top of the $13 billion it has already invested.