Apple No Longer in Talks to Invest in ChatGPT Maker OpenAI
Apple has withdrawn from negotiations to invest in OpenAI's $6.5 billion funding round, while still planning to integrate ChatGPT into Siri for free access on its devices.
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Apple has reportedly withdrawn from negotiations to invest in OpenAI, the company behind ChatGPT, as it was considering participating in a funding round expected to raise around $6.5 billion. The reasons for Apple's exit remain unclear, but it follows a month after reports indicated Apple was contemplating the investment, which could have valued OpenAI at over $100 billion. Despite Apple's withdrawal, other tech giants like Microsoft and Nvidia are still involved in the funding round. Microsoft, which has already invested $13 billion in OpenAI, is anticipated to contribute an additional $1 billion. Meanwhile, Apple is moving forward with plans to integrate ChatGPT into its Siri platform across iOS 18, iPadOS 18, and macOS Sequoia, allowing users to access ChatGPT responses directly. This integration is expected to be available for free to Apple device users without requiring an account, while ChatGPT Plus subscribers will have access to premium features. The decision to step back from investment discussions may be influenced by recent turmoil within OpenAI as it transitions to a for-profit model.
- Apple has exited talks to invest in OpenAI, which is raising $6.5 billion.
- Microsoft and Nvidia remain involved in the funding round.
- Apple's integration of ChatGPT into Siri is still planned for later this year.
- The withdrawal may be linked to internal issues at OpenAI.
- Users will access ChatGPT for free on Apple devices without needing an account.
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Apple not investing in OpenAI after all, new report says
Apple will not invest in OpenAI's $6.5 billion funding round, focusing instead on integrating ChatGPT into iOS 18, amid ongoing leadership changes within the company.
23 commentsActual discussion earlier: https://news.ycombinator.com/item?id=41677333
Alternatively, Apple could just invest in Anthropic instead which seems to have had less drama and a lot of the same talent.
Not only that OpenAI has lots of competitors that could be hoovered up at a 90% discount once the first big AI company goes pop.
Just taking a guess: the recent high-level exits from OpenAI may have contributed to Apple's backing away from talks with OpenAI.
Also from my experience it's the counterparty that should feel honored to be working with Apple rather than the other way around, which I suspect played a role here too.
But, please make Siri less of a steaming pile.
It was embarrassing a decade ago, now it's bordering absurd how a product with so much visibility and importance by a company who typically is extremely perfection orientated is so behind the competition.
Edit images? Answer incoming calls? Make reservations? Phones have that and tons more already.
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Apple in talks to invest in OpenAI as ChatGPT comes to iOS 18
Apple is discussing an investment in OpenAI, valued over $100 billion, while planning to integrate ChatGPT into iOS 18 to enhance Siri, focusing on mutual exposure rather than cash transactions.
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