Apple stops planning to invest in OpenAI

According to sources close to WSJApple is no longer involved in negotiations to participate in next week’s capital raising round of parent company ChatGPT. OpenAI is forecast to raise 6.5 billion USD this time.

Other companies, like Microsoft and Nvidia, will continue to negotiate. In particular, Microsoft is expected to pour an additional 1 billion USD into this, after investing 13 billion USD in OpenAI.

Last month, WSJ reported that Apple plans to invest in OpenAI. Next week’s capital raising round could bring the valuation of ChatGPT’s parent company to over 100 billion USD.

Apple and OpenAI became major partners in early June when they announced the integration of ChatGPT into Siri on iOS 18, iPadOS 18 and macOS Sequoia operating systems later this year. iPhone, iPad and Mac users will be able to use ChatGPT for free without creating an account. Therefore, Apple may not have to pay for the deal because both sides evaluate the inclusion of ChatGPT in iOS 18 as having “equal or greater value than cash”.

OpenAI’s valuation has skyrocketed since the launch of ChatGPT at the end of 2022. This created a global AI fever, sparking a wave of businesses investing billions of dollars in this technology to stay ahead of competition and increase growth. market share.

This week, Reuters reported that OpenAI is discussing plans to adjust its company structure to attract more investors. Accordingly, they will no longer be a non-profit organization and CEO Sam Altman will also receive shares in the new company for the first time. OpenAI was founded in 2015 and operates as a non-profit organization, aiming to develop AI that is safe and beneficial to humanity.