Apple withdrew from negotiations to invest in an OpenAI funding round expected to generate around $6.5 billion, as reported by The Wall Street Journal.
Specifically, The Cupertino-based tech giant has decided not to participate in discussions for this investment round, which should conclude next week. The information comes from a source close to the matter, according to the economic newspaper.
The funding round has attracted the attention of other major tech companies like Microsoft and Nvidia. Microsoft is rumored to be willing to contribute around $1 billion to OpenAI, increasing its investment. precedent of 13,000 million dollars in the company specializing in artificial intelligence.
With the new capital injectionthe generative AI company would thus become the third most important startup, behind the Chinese ByteDance, owner of TikTok and SpaceX, led by Elon Musk.
At the beginning of the year, OpenAI had a valuation of 86 billion dollars (77.220 million euros), as pointed out by the Financial Times, which recalls that the last time the company raised capital was in 2023, shortly after the launch of ChatGPT. Microsoft committed $10 billion in investment and the company’s valuation was $30 billion (26,938 million euros).
