Apple and Nvidia in Talks to Invest in OpenAI

Apple and the chipmaker Nvidia are in talks to invest in OpenAI as part of a new deal that would value the San Francisco artificial intelligence start-up at $100 billion, according to three people familiar with the discussions, who spoke on the condition of anonymity.
The deal would be led by Thrive Capital and might also include Microsoft. Thrive would put about $1 billion into OpenAI, the people said.
A $100 billion valuation would be about a $20 billion increase from OpenAI’s valuation eight months ago.
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{Categories} _Category: Takes{/Categories}
{URL}https://www.nytimes.com/2024/08/29/technology/apple-nvidia-openai.html{/URL}
{Author}Cade Metz, Michael J. de la Merced and Tripp Mickle{/Author}
{Image}https://static01.nyt.com/images/2024/08/29/multimedia/OPENAI-NVIDIA-1-mkpw/OPENAI-NVIDIA-1-mkpw-videoSixteenByNine3000.jpg{/Image}
{Keywords}Artificial Intelligence,Computers and the Internet,Apple Inc,Microsoft Corp,NVIDIA Corporation,OpenAI Labs,Thrive Capital{/Keywords}
{Source}POV{/Source}
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