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No Investment in OpenAI
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 No Longer in Talks to Join OpenAI Investment Round
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.
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,
6h
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 ...
2d
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 ...
15h
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 ...
14h
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 ...
1d
OpenAI pushes limits of tech pivoting
In classic tales of science fiction, rapid technological advancements herald immense potential, while nervous inventors argue ...
7h
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 ...
20h
on MSN
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 ...
3d
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, ...
Observer
18h
OpenAI’s SearchGPT Could Mark the Beginning of the End to Google’s Search Dominance
For the first time in many years, competition is ramping up. In July, OpenAI announced SearchGPT, an A.I.-powered search ...
22h
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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