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No Investment in OpenAI
Apple Reportedly Pulls Out Of Negotiation Talks To Invest In OpenAI's Funding Round
Earlier, the valuation was expected to be around $100 billion, but now the valuation has reportedly shot up to $150 billion.
Apple’s Shocking U-Turn: No Investment in OpenAI as $6.5 Billion Funding Race Heats Up
In a surprising move, Apple has pulled out of OpenAIs $6.5 billion funding round, leaving Microsoft and Nvidia poised to take the lead in financing the AI frontrunner, sources reveal. The Wall Street Journal has
Apple drops out of talks to join OpenAI investment round, WSJ reports
Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday. The tech giant recently fell out of the talks for the round,
Apple no longer in talks to invest in OpenAI: report
Apple fell out of talks to invest in OpenAI's next funding round, which could raise as much as $6.5 billion, The Wall Street Journal reported.
Apple No Longer in Talks to Join OpenAI Investment Round
The company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week.
Apple Backs Out of OpenAI Funding Talks Amid $6.5 Billion Raise: Report
According to a Wall Street Journal report on Friday, Apple has withdrawn from discussions to participate in OpenAIs latest funding round, expected to secure around $6.5 billion. The report, citing a person familiar
Apple no longer in talks to join OpenAI’s $6.5 bn funding round, check details
Apple exits discussions to join OpenAI's $6.5 billion funding round, while Microsoft, Nvidia, and others are still in talks. All you need to know.
Apple not investing in OpenAI after all, new report says
Apple is no longer in talks to participate in an OpenAI funding round expected to raise as much as $6.5 billion, an 11th hour end to what would have been a rare investment by the iPhone maker in another major Silicon Valley company.
OpenAI could switch to for-profit, giving Sam Altman a stake
OpenAI’s Sam Altman calls report of 7% equity stake ‘ludicrous’
The OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned with the firm.
OpenAI Discusses 7% Stake for Altman in For-Profit Shift
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business, people familiar with the matter said, a major shift that would mark the first time Altman is granted ownership in the artificial intelligence startup.
Exclusive: OpenAI to remove non-profit control and give Sam Altman equity
The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company, the sources said. The move could also have implications for how the company manages AI risks in a new governance structure.
2h
on MSN
Tim Cook-Led Apple Reportedly Abandons OpenAI Funding Round Discussions, But Nvidia And Microsoft Could Still Invest In ChatGPT-Parent
Apple Inc. (NASDAQ:AAPL) has reportedly decided to withdraw from negotiations to invest in OpenAI’s funding round, which is ...
1d
on MSN
How OpenAI’s Plan to Become ‘For Profit’ Could Help It Raise Money From Apple, Microsoft, Nvidia
OpenAI intends to become a for-profit public-benefit corporation, The Wall Street Journal reported, citing people with ...
11h
OpenAI Is Growing Fast and Burning Through Piles of Money
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ...
10h
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
CNBC has confirmed that OpenAI expects about $5 billion in losses on $3.7 billion in revenue this year — figures first ...
55m
Better Artificial Intelligence (AI) Stock: Microsoft vs. Oracle
Microsoft and Oracle are top cloud computing stocks that benefit from the proliferation of AI services in the cloud.
3h
OpenAI projects staggering revenue growth: $3.7 Billion in 2024, $11.6 Billion in 20250 0
OpenAI is experiencing rapid growth, with monthly active users reaching 350 million. The company projects significant revenue ...
22h
OpenAI pushes limits of tech pivoting
In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...
2d
on MSN
OpenAI, Microsoft, Amazon among first AI Pact signatories
OpenAI and Anthropic have agreed to share AI models before and after release with the US AI Safety Institute. The agency, ...
18h
OpenAI reportedly wants to build 5 gigawatt data centers, and nobody knows who could supply that much power
Five gigawatts is an astonishingly large amount of power. It’s the output of around five nuclear reactors—the kind of power ...
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