In a move that could redefine the future of artificial intelligence, tech giant Apple is reportedly in talks to invest a whopping $1 billion in OpenAI, the creator of ChatGPT. According to the Wall Street Journal, Apple is at the funding table as OpenAI seeks to raise more capital to support its cutting-edge AI advancements.
OpenAI is aiming for a staggering $100 billion valuation in its latest funding round, which is being led by venture capital firm Thrive Capital. This round also sees Microsoft continuing its role as OpenAI’s biggest investor, maintaining its stake by taking home half of the startup’s profits.
The potential partnership with Apple comes at a pivotal time as the company prepares to unveil its new iPhones on September 9. These upcoming models are expected to feature optimized AI innovations, enhancing user experience through smarter and more intuitive functionalities. 📱✨
Back in June, Apple announced the inclusion of OpenAI’s technology as an option in the software for its top-of-the-line iPhones. While Apple's own AI tools will handle most features, more complex tasks will leverage OpenAI’s powerful capabilities, giving users the flexibility to choose the best tool for their needs. 🤖💡
This collaboration not only underscores the growing importance of AI in consumer technology but also highlights Apple’s commitment to integrating the latest innovations into its ecosystem. With Apple’s investment, OpenAI could accelerate its mission to develop advanced AI technologies, benefiting millions of users worldwide.
