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 Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Futures Traders Abandon Crypto for Stablecoin Margin

chest

Bitcoin futures traders have largely abandoned using Bitcoin as collateral for their positions, opting for stablecoin-backed positions to avoid risks associated with price drops.

user avatarFilippo Romano

Gold Prices Surge to Three-Month High

chest

Gold prices surged to a three-month high, reaching $4,696.18 an ounce, driven by a weaker dollar and falling Treasury yields.

user avatarEmily Carter

BNB Smart Chain Set to Activate Pasteur Hard Fork

chest

BNB Smart Chain is set to activate its Pasteur hard fork on August 25, introducing significant network changes.

user avatarKaterina Papadopoulou

TAC Halts Block Production Due to Supply Exploit

chest

TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after a supply-related exploit.

user avatarTomas Novak

The Need for Reliable Data in Real Estate Tokenization

chest

The need for reliable pricing data in real estate tokenization is crucial due to the unique challenges it faces compared to liquid crypto assets.

user avatarMaya Lundqvist

TON Foundation to Permanently Shut Down Legacy Bridge on September 1

chest

The TON Foundation has confirmed the permanent shutdown of its legacy bridge on September 1, requiring users to transition their wrapped TON and related assets back to native forms.

user avatarLeo van der Veen

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.