Apple and Nvidia may invest in OpenAI

OpenAI is reportedly gearing up for a huge round of funding, and Apple and Nvidia might be among the investors.

On Thursday, The Wall Street Journal reported that Apple, which is planning to integrate ChatGPT into iOS, is in talks to invest. Soon after, Bloomberg also reported that Apple is in talks but added that Nvidia “has discussed” joining the funding round as well. The round is reportedly being led by Thrive Capital and would value OpenAI at more than $100 billion.

It’s perhaps not too surprising that Apple and Nvidia might end up investing in OpenAI. Apple is set to integrate ChatGPT with Siri later this year, and it reportedly planned to have Phil Schiller join OpenAI’s board before apparently abandoning that plan. And Nvidia is a key supplier to OpenAI, which relies on Nvidia’s chips to help power its AI services.

Microsoft is also in talks to join the funding round, according to Bloomberg. The company invested $1 billion in OpenAI in 2019 and made a multibillion-dollar investment in 2023.

Apple and OpenAI didn’t immediately reply to a request for comment. Nvidia and Microsoft declined to comment.