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VisitWhat will be the total amount raised by OpenAI in the $6.5 billion funding round by end of 2024?
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Official announcements from OpenAI, financial disclosures, reputable news sources like Wall Street Journal
Apple Withdraws from OpenAI's $6.5 Billion Funding Round, Ends Board Discussions
Sep 28, 2024, 01:24 AM
Apple Inc. has decided to withdraw from discussions to participate in OpenAI's funding round, which is expected to raise up to $6.5 billion, according to the Wall Street Journal. This decision marks an 11th-hour end to what would have been a rare investment by the iPhone maker in another major Silicon Valley company. Apple is also no longer involved in board discussions. Other tech giants like Microsoft and Nvidia remain in talks to participate in the funding round.
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