Apple

Apple Backs Out of OpenAI Investment, Report Says

Apple reportedly drops plans to invest in OpenAI, as the AI company prepares to close a $6.5 billion funding round with potential investments from Microsoft and Nvidia.

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 was first reported to be discussing an OpenAI investment last month. It was never clear, however, how much Apple might’ve invested in the company.

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