Apple has reportedly exited negotiations to invest in OpenAI, the company behind the popular ChatGPT AI chatbot, according to The Wall

Apple has reportedly withdrawn from discussions to participate in a high-profile investment round for OpenAI. According to the Wall Street Journal’s exclusive report, the next and last round of funding for ChatGPT ’s parent company is expected to raise upward of $6.

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.

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 However, it was said that the iPhone maker had withdrawn from the negotiation.

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.

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.

News: Apple's decision to withdraw its investment coincides with OpenAI's reorganisation, as it becomes a for-profit business instead of a charity. Apple has reportedly withdrawn from talks to participate in OpenAI's most recent fundraising round.

Apple is no longer planning to invest in OpenAI, according to a new report from The Wall Street Journal. This comes as OpenAI plans to close a $6.5 billion funding round next week, with investments possible from both Microsoft and Nvidia.

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