Apple walks away from OpenAI funding round
Apple has pulled out of talks to participate in OpenAI’s upcoming $6.5 billion funding round at the eleventh hour, according to The Wall Street Journal. While Microsoft is set to add another $1 billion and Nvidia remains in talks, Apple decided to pass on writing a rare equity check. The move won't affect their product partnership, with ChatGPT still slated to hit iOS 18 later this year.