Apple drops out of talks to join OpenAI investment round, WSJ reports – Reuters

From Google: 2024-09-28 01:39:00

Apple has decided to pull out of talks to invest in OpenAI, as reported by the Wall Street Journal. This decision signals a shift in the tech giant’s investment strategy.

OpenAI, a leading AI research company, is expanding rapidly but burning through cash quickly, according to The New York Times. The company’s growth comes with financial challenges.

Apple’s decision not to invest in OpenAI marks a significant development in the AI industry. The decision reflects the tech giant’s evolving investment priorities.



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