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Apple no longer in talks to invest in OpenAI: report
Apple fell out of talks to invest in OpenAI's next funding round, which could raise as much as $6.5 billion, The Wall Street Journal reported.
Apple "fell out" of talks to invest in OpenAI's next funding round, The Wall Street Journal reported. The funding round, which would be the highest valuation of all time for a private tech company, per Axios, comes as OpenAI is restructuring its business from a nonprofit to a for-profit entity. While OpenAI has dominated the conversation around innovations in artificial intelligence in recent years and attracted massive investments from its backers, according to financial documents reviewed by The New York Times, the company burns through huge amounts of money in daily operations.
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