Apple is reportedly investing in OpenAI — Microsoft’s rival needs in on the ChatGPT maker, too – Cyber Tech

Apple is reportedly in talks with OpenAI for investing in its newest fundraising spherical.

In accordance a report from The Wall Avenue Journal, Apple is predicted to put money into the ChatGPT maker. Enterprise capital agency Thrive Capital is main the funding spherical, which might make OpenAI’s valuation above $100 billion. Apple analyst Mark Gurman additionally reported the rumored funding and added that Nvidia and Microsoft would even be collaborating.

So sure, the three Most worthy tech firms on this planet wish to get in on what OpenAI is providing.

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Inside Apple’s AI plans

Microsoft has been a serious investor in OpenAI since 2019, pouring $13 billion into the AI firm. The deal gave Microsoft unique entry to OpenAI’s LLMs, which has enabled Microsoft to spice up up its personal AI productiveness instruments and options. However Microsoft and OpenAI are now not unique.

At Apple’s WWDC occasion in June, the tech big introduced a partnership with OpenAI, which is able to combine ChatGPT options on the iOS 18 replace. Apple Intelligence options are at the moment obtainable in beta, however ChatGPT-related options haven’t but been launched.

Apple has been cagey about its AI plans, and has principally sat on the sidelines as different Huge Tech firms duked it out for AI dominance. However Apple’s partnership in June with OpenAI was its first main play within the AI area.

Apple is reportedly exploring partnerships with Google, Meta, and Anthropic to supply customers with their AI mannequin of selection on its units. However now, Apple’s reported funding in OpenAI is a serious transfer in strengthening their ties — particularly since Apple not often invests in startups.

The Apple occasion in September sometimes focuses on {hardware}. We are able to anticipate new releases together with the next-generation iPhone, up to date Apple Watch fashions, new Apple AirPods, and extra.

However there’s additionally an opportunity that Apple will make some bulletins about Apple Intelligence and different AI options. The occasion is on September 9, so we can’t have to attend lengthy.