Apple reportedly exits OpenAI investment talks amid $6.5 billion funding round — what you need to know

OpenAI and Apple logo image
(Image credit: Future)

Apple has reportedly withdrawn from discussions to participate in a high-profile investment round for OpenAI. According to the Wall Street Journal’s exclusive report, the next and last round of funding for ChatGPT’s parent company is expected to raise upward of $6.5 billion and includes contributions from other tech giants such as Microsoft and Nvidia.

Although the exact reason for Apple’s withdrawal remains vague, the exit does raise questions about the company's future AI strategy. Apple has long highlighted user privacy and on-device processing as the driving force behind its approach to AI, a contrast to the more data-driven models such as OpenAI. The withdraw could indicate a shift toward Apple developing its own AI technologies or a focus on enhancing its existing AI capabilities.

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Amanda Caswell
AI Editor

Amanda Caswell is an award-winning journalist, bestselling YA author, and one of today’s leading voices in AI and technology. A celebrated contributor to various news outlets, her sharp insights and relatable storytelling have earned her a loyal readership. Amanda’s work has been recognized with prestigious honors, including outstanding contribution to media.

Known for her ability to bring clarity to even the most complex topics, Amanda seamlessly blends innovation and creativity, inspiring readers to embrace the power of AI and emerging technologies. As a certified prompt engineer, she continues to push the boundaries of how humans and AI can work together.

Beyond her journalism career, Amanda is a long-distance runner and mom of three. She lives in New Jersey.