No Investment in OpenAI
Apple reportedly backs out of OpenAI funding round
In a short-lived will-they-won't-they love story to rival the likes of Heathcliff and Catherine, Apple is reportedly no longer in talks with ChatGPT creator OpenAI for investing in its latest fundraising round.
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 Reportedly Pulls Out Of Negotiation Talks To Invest In OpenAI's Funding Round
Earlier, the valuation was expected to be around $100 billion, but now the valuation has reportedly shot up to $150 billion.
Apple not investing in OpenAI after all, new report says
Apple is no longer planning to invest in OpenAI, according to a new report from The Wall Street Journal. This comes as OpenAI plans to close a $6.5 billion funding round next week, with investments possible from both Microsoft and Nvidia.
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 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,
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.
Microsoft-backed OpenAI projects $5B loss on $3.7B sales this year
Microsoft (NASDAQ:MSFT)-backed generative AI company OpenAI expects to lose roughly $5B this year despite generating about $3 ...
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says
According to documents seen by the New York Times, OpenAI expects revenue of $3.7 billion in 2024, $11.6 billion in 2025, and ...
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 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 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 plans to become a for-profit business — here’s what that means for the AI company
OpenAI doesn't want to be so open anymore. According to a new report, OpenAI — the organization that burst onto the scene ...
OpenAI Sees $11.6 Billion Revenue Next Year, Offers Thrive Chance to Invest Again in 2025
OpenAI is predicting its revenue will skyrocket to $11.6 billion next year from an estimated $3.7 billion in 2024, the ...
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 ...