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Apple withdraws from OpenAI investment talks as funding round approaches

tomsguide.com — October 1, 2024, 07:00 AM UTC

Summary: Apple has reportedly withdrawn from investment talks for OpenAI's upcoming funding round, which aims to raise over $6.5 billion. Other tech companies, including Microsoft and Nvidia, are still participating.

The reason for Apple's exit is unclear, but it may reflect a shift in its AI strategy. Apple has focused on user privacy and on-device processing, contrasting with OpenAI's data-driven approach.

This decision raises questions about Apple's future in AI, as it has lagged behind competitors in generative AI. Meanwhile, Microsoft strengthens its position in the sector through its partnership with OpenAI.

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Timeline:

  1. [5.0]
    Apple withdraws from OpenAI funding round as Microsoft and Nvidia prepare to invest (news.yahoo.com)
    3d 22h

    ScoresSource
  2. [4.4]
    Apple exits investment talks with OpenAI, plans ChatGPT integration for Siri (macrumors.com)
    4d 2h
    Source
  3. [4.3]
    Apple withdraws from OpenAI funding round negotiations (news18.com)
    4d 10h
    Source
  4. [4.8]
    Apple withdraws from OpenAI funding talks while maintaining partnership (sea.mashable.com)
    5d 21h
    Source
  5. [3.7]
    Apple withdraws from OpenAI funding round but plans to integrate ChatGPT remain unchanged (appleinsider.com)
    5d 21h
    Source
  6. [4.7]
    Apple withdraws from OpenAI funding round as Microsoft and Nvidia remain engaged (benzinga.com)
    6d 6h
    Source
  7. [4.2]
    Apple withdraws from OpenAI's $6.5 billion funding round (firstpost.com)
    6d 10h
    Source
  8. [5.2]
    Apple withdraws from OpenAI investment talks ahead of funding round closure (economictimes.indiatimes.com)
    6d 11h

    ScoresSource
  9. [4.4]
    Apple ends discussions to invest in OpenAI funding round (businessinsider.com)
    6d 11h
    Source
  10. [4.0]
    Apple withdraws from investment talks with OpenAI as funding round approaches (9to5mac.com)
    6d 11h
    Source