Apple and Nvidia may become investors in OpenAI

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Apple and Nvidia's Interest
  2. Thrive Capital and Microsoft's Role
  3. OpenAI's Development and Apple's Role


    4. Apple and Nvidia are considering investing in OpenAI, valued at over $100 billion, highlighting the growing interest in artificial intelligence technologies.

    Apple and Nvidia's Interest

    According to reports from Bloomberg and The Wall Street Journal on August 29, Apple and Nvidia are planning to invest in OpenAI. This move is unusual for Apple, which typically does not invest in startups. However, it aligns with its strategy to remain competitive in the AI sector.

    Thrive Capital and Microsoft's Role

    Investment firm Thrive Capital is leading the round with $1 billion. Microsoft, which owns 49% of OpenAI after investing $13 billion since 2019, is also participating in the round. The exact amounts to be invested by Apple, Nvidia, and Microsoft remain uncertain.

    OpenAI's Development and Apple's Role

    OpenAI reported a doubling in ChatGPT's weekly active users to over 200 million from the previous year. However, the company's annualized sales are approximately $3.4 billion, falling short of some expectations.

    Apple and Nvidia's interest in investing in OpenAI underscores the importance of artificial intelligence for leading tech companies striving to stay competitive in a rapidly evolving industry.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Solana Foundation Appoints New Executives to Boost Institutional Adoption

The Solana Foundation has appointed Rachel Conlan as Chief Strategy Officer and Jamal Raees as General Manager of Payments to enhance institutional adoption and expand its payments infrastructure.

user avatarMiguel Rodriguez

SpaceX Stock Breakout Discussion Heats Up

Traders are buzzing about the potential for a SpaceX stock breakout due to significant price fluctuations and upcoming stock unlocks.

user avatarLuis Flores

Uniswap v4 Hooks Achieve Milestone with 500 Registered Deployments

Uniswap v4 has reached a significant milestone with over 500 registered custom hook deployments, showcasing the active engagement of developers in the ecosystem.

user avatarArif Mukhtar

SK Hynix Stock Eyes New Highs Amid Bullish Predictions

SK Hynix stock opened at 189 on Thursday, aiming to breach the 200 level with bullish predictions from Wolfe Research, targeting 250.

user avatarMaria Gutierrez

Optimism Superchain Surpasses $14 Billion in Total Value Locked

Optimism's Superchain has recently surpassed a remarkable $14 billion in total value locked, showcasing the significant growth of its ecosystem.

user avatarDavid Robinson

Canary Capital Launches TRON ETF, Expanding Institutional Access

Canary Capital launches the Canary Staked TRX ETF, enhancing institutional access to the TRON network.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.