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Apple and Nvidia Eye Major Investments in OpenAI

Tech giants Apple and Nvidia are in talks to join OpenAI's latest funding round, potentially valuing the AI firm at $100 billion.

  • Microsoft, a long-time investor, may also participate in the new funding round.
  • OpenAI's annual revenue has surpassed $3.4 billion but is projected to lose $5 billion this year.
  • The funding round is led by Thrive Capital, with a $1 billion investment.
  • OpenAI relies on Nvidia GPUs and has integrated ChatGPT into Apple's iOS.
  • Regulatory scrutiny is expected as Big Tech firms consolidate their positions in the AI sector.
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