Apple, Nvidia in talks to invest in ChatGPT-maker OpenAI’s $100 billion funding round
By
Isha Sharma
Apple and Nvidia are in discussions to invest in OpenAI as part of a new funding round that could value the artificial intelligence startup at over $100 billion, according to people familiar with the matter. The potential investments by the tech giants would join a round led by venture capital firm Thrive Capital, which is set to put in about $1 billion.
The funding talks, first reported by The Wall Street Journal and Bloomberg, come as OpenAI grapples with soaring costs and seeks to bolster its financial position.