Apple and Nvidia have both discussed joining a new funding round for OpenAI, according to reports.
Catch up fast: The WSJ reported yesterday that OpenAI was in talks to raise new funding at a valuation north of $100 billion, led by a $1 billion investment from existing backer Thrive Capital, with Microsoft also returning.
Zoom in: Apple has ties to OpenAI, naming it as the first official partner for its coming Apple Intelligence system, which will bring AI features to its iPhone and other products, both Bloomberg and WSJ noted.
Both Apple and Nvidia declined to comment to Axios.
💠Hope's thought bubble: You've got the three biggest companies in terms of market cap interested in the same startup for one main reason: FOMO, the fear of missing out on understanding the workings of OpenAI's technology and of the potential upside of a business that Sam Altman may one day take public.
