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What will be the outcome of Apple's investment in OpenAI's valuation round by December 31, 2024?
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Official announcements from Apple or OpenAI, major financial news outlets like Wall Street Journal or Bloomberg
Story
Apple in Talks to Invest in OpenAI's Multi-Billion Dollar $100 Billion Valuation Round
Aug 29, 2024, 05:47 PM
Apple is reportedly in discussions to invest in OpenAI as part of a new multi-billion dollar fundraising round, according to sources cited by the Wall Street Journal. This investment would value the ChatGPT maker at over $100 billion. Thrive Capital is leading the funding round, with Microsoft also expected to participate. The move is seen as a strategic effort by Apple to strengthen its position in the artificial intelligence industry.
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