Apple reportedly in talks to invest in Open AI
Apple is in talks to invest in artificial intelligence company OpenAI, according to the The Wall Street Journal (a subscription is required to read the article).
From the WSJ report: Apple is in talks to invest in OpenAI, a move that would cement ties to a partner integral to its efforts to gain ground in the artificial-intelligence race.
The investment would be part of a new OpenAI fundraising round that would value the ChatGPT maker above $100 billion, people familiar with the situation said.
It couldn’t be learned how much Apple or Microsoft will invest into OpenAI this round. To date, Microsoft has been the primary strategic investor into OpenAI. It owns a 49% share of the AI startup’s profits after investing $13 billion since 2019.
On May 30, it was reported that Apple had finalized a deal with OpenAI to integrate ChatGPT functionality into its various operating systems, via the upcoming Apple Intelligence.OpenAI is a U.S. based AI research organization founded in December 2015, researching artificial intelligence with the goal of developing “safe and beneficial” artificial general intelligence, which it defines as “highly autonomous systems that outperform humans at most economically valuable work.”
The tech giant announced Apple Intelligence, a personal intelligence system for the Mac, iPhone, and iPad that “combines the power of generative models with personal context to deliver intelligence that’s incredibly useful and relevant” at last month’s Worldwide Developer Conference.
Apple Intelligence will be deeply integrated into macOS Sequoia, iOS 18, and iPadOS 18. It harnesses the power of Apple silicon to understand and create language and images, take action across apps, and draw from personal context to simplify and accelerate everyday tasks. Here are all the features of Apple Intelligence as listed by Apple in a press release.
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