No Investment in OpenAI
Apple drops out of race to join OpenAI funding round: WSJ
Apple (NASDAQ:AAPL) is no longer in talks to take part in an investment round announced by the Microsoft (NASDAQ:MSFT)-backed generative AI company, OpenAI, The Wall Street Journal reported late Friday.
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 Exits Talks to Participate in OpenAI’s $6.5 Billion Funding Round
Apple exits OpenAI's $6.5B funding round as Microsoft and others remain. Internal challenges and leadership changes at OpenAI raise questions about its future direction.
Apple Pulls Out from OpenAI Funding Round Set to Raise $6.5B: Report
Apple has ended talks to join an OpenAI funding round that was expected to raise up to $6.5 billion, according to a person familiar with the matter, reports the Wall Street Journal. The last-minute decision to pull out would have seen Apple invest into 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,
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 ...
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 ...
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 ...
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, ...
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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 ...
OpenAI Sees $11.6 Billion Revenue Next Year, Offers Thrive Chance to Invest Again in 2025
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener ...
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 ...
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 ...