The Wall Street Journal reported on the 29th local time that Apple and Nvidia are considering investing in OpenAI.
The Wall Street Journal reported that Apple is discussing participating in the fundraising led by the prominent venture capital firm, SRAIV Capital, for OpenAI and Nvidia while they seek funding.
It is expected that SRAIV Capital will invest $1 billion in this funding round, and Microsoft, OpenAI’s existing largest investor, is also expected to put in additional funds.
Although the specific investment amounts are not known, The Wall Street Journal predicted that both Apple and Nvidia are likely to invest tens of billions of dollars each.
The Wall Street Journal analyzed that the investment discussions between Apple and Nvidia are essential to solidify partnerships with crucial players to establish a foundation in the increasingly competitive field of artificial intelligence.
Apple is planning to incorporate AI features in the upcoming iPhone 16 to be released next month. To support this, Apple signed a partnership with OpenAI in June, while Nvidia has been investing in AI-related startups for the past two years, focusing on drug development using AI and robotics engineering.