Nvidia and Apple are According to reports in talks to contribute to OpenAI's next round of funding – a round that would boost the ChatGPT maker's value to $100 billion.
According to New York Times sources, OpenAI investor Thrive Capital would lead the deal if it goes through. (Bloomberg was the primary to report on Nvidia’s involvement, and The WSJ broke the story about Apple's potential interest.) Microsoft — which already owns 49% of OpenAI — could also participate.
OpenAI needs capital. Annual revenue reportedly exceeded 3.4 billion US dollars earlier this yr, but it surely is alleged to be on the method to losing 5 billion US dollars by year-end as the corporate expands its AI training and staffing efforts.
OpenAI has ties to each corporations. It runs and trains its generative AI models totally on Nvidia GPUs; Apple agreed earlier this yr to integrate ChatGPT into iOS as a part of Apple's upcoming suite of AI features, Apple Intelligence.
