Apple is reportedly in negotiations to invest in OpenAI as part of a new funding round that could value the AI company above $100 billion.
The Wall Street Journal reported that Apple is joining other major investors, including Microsoft and venture capital firm Thrive Capital, in this round of funding.
The partnership between Apple and OpenAI could further enhance the integration of AI technologies into Apple’s ecosystem. Earlier this year, Apple announced that OpenAI’s ChatGPT would be integrated into Siri as part of the upcoming iOS 18 update.
The specifics of Apple’s investment remain undisclosed, and it is unclear how much the tech giant plans to commit to this round of funding. However, the collaboration could lead to significant advancements in AI applications across Apple’s product lineup, including the highly anticipated iPhone 16 series, set to launch next month.
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