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

SEC Issues New Guidance for Tokenized Securities Trading

The SEC has issued new guidance requiring venues to publish a public operating notice at least 30 days prior to commencing operations for tokenized securities trading.

user avatarSatoshi Nakamura

Moonshot AI Launches Kimi K31 Pro with Limited Offensive Capabilities

Moonshot AI has launched its Kimi K31 Pro model, intentionally excluding certain cyberattack-related data from its training.

user avatarTomas Novak

OCC's Final GENIUS Act Rule Takes Effect on January 18, 2027

The Office of the Comptroller of the Currency (OCC) has published final regulations for payment stablecoin issuers, effective January 18, 2027.

user avatarJesper Sørensen

Justin Sun Prize Pilot Program Launched to Reward Mathematical Discoveries

The Office of Justin Sun announces a pilot program for the Justin Sun Prize in collaboration with MathDB to reward mathematical discoveries.

user avatarRajesh Kumar

Charles Schwab Introduces Crypto Trading for US Clients

Charles Schwab has launched Schwab Crypto, enabling eligible US clients to trade Bitcoin and Ether at a fee of 0.75% per trade.

user avatarFilippo Romano

Policy Uncertainty Grows as Key Adviser for Digital Assets Office Departs

Policy uncertainty grows as key adviser for digital assets office departs, creating a policy vacuum amid ongoing regulatory discussions.

user avatarEmily Carter

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.