News Formal

Apple eyes major investment in OpenAI to dominate AI future

  • 📰 trtworld
  • ⏱ Reading Time:
  • 17 sec. here
  • 25 min. at publisher
  • 📊 Quality Score:
  • News: 90%
  • Publisher: 63%

Turkiye News

Turkey,Middle East,Africa

Apple is reportedly among investors participating in significant funding round for OpenAI, the world's leading artificial intelligence research organisation.

The entry of Apple into OpenAI's ownership, if confirmed, would come as the company is set to announce its new iPhones on September 9 that are expected to optimise AI innovations. / Photo: AFP

Reports said that OpenAI is in talks to reach a valuation of $100 billion in the funding round led by venture capital firm Thrive Capital, which will pump in one billion dollars. Microsoft, which is OpenAI’s biggest investor and takes home half of the startup's profits, is also part of the new funding round.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple is reportedly considering a major investment in OpenAIAhead of the ChatGPT integration on iOS 18, a report says Apple is considering a major investment in OpenAI. Here’s what we know about it.
Source: BGR - 🏆 234. / 63 Read more »