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Will Apple invest additional capital in OpenAI by end of 2024?
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Resolution / Starting Odds
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Official announcements from Apple or OpenAI, or verified news reports
Story
Apple to Gain Observer Role on OpenAI's Board with Phil Schiller in Landmark AI Pact
Jul 2, 2024, 08:56 PM
Apple is set to gain an observer role on OpenAI's board as part of a landmark AI agreement announced last month. According to Bloomberg News, Phil Schiller, the head of the App Store and former marketing chief, will represent Apple in this observer role. This partnership, known as the Apple Intelligence pact, will allow Apple to have a significant presence in OpenAI's strategic discussions. The agreement highlights the growing collaboration between major tech companies in the AI sector. The observer role will be assumed later this year.
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Apple invests over $5 billion • 25%
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