Apple Bows Out of OpenAI Funding Round
SoftBank expected to invest $500M in OpenAI as Apple exits funding round
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.
Apple Reportedly Exits From OpenAI's $6.5 Bln Funding Round
Apple Inc. is no longer in talks to participate in an upcoming funding round for Chatbot ChatGPT maker OpenAI, which is expected to
Apple backs out of backing OpenAI, report claims
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.
Apple Withdraws from OpenAI’s $6.5 Billion Funding Round
Apple has pulled out of discussions to participate in OpenAI’s funding round, which is expected to raise up to $6.5 billion, just before the deal’s closure, according to a report by The Wall Street Journal.
Apple Bows Out of OpenAI Funding Round as Microsoft, as Microsoft Adds $1 Billion to Existing Investment
Apple has withdrawn from negotiations to participate in OpenAI's recent funding round, according to reports.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.
Apple reportedly withdraws from OpenAI funding round
The decision comes amid a period of executive turnover at the AI startup, which has seen several key figures depart.
Apple reportedly backs out of OpenAI funding round amid investor uncertainty
Apple has reportedly stepped back from talks to participate in an OpenAI funding round expected to raise as much as… Continue reading Apple reportedly backs out of OpenAI funding round amid investor uncertainty The post Apple reportedly backs out of OpenAI funding round amid investor uncertainty appeared first on ReadWrite.
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