Apple and Nvidia are reportedly engaged in high-stakes discussions to back OpenAI, with both companies eyeing a significant role in the AI leader's next funding round, according to insider reports.
Apple and Nvidia Eye OpenAI Investment
On Thursday, media outlets reported that Apple and chip giant Nvidia were in discussions to invest in OpenAI as part of a new funding round. This investment may put the ChatGPT maker's valuation above $100 billion.
According to sources cited in the Wall Street Journal, Apple was the first to express interest, while Nvidia was rumored to be involved by Bloomberg News.
Thrive Capital's Billion-Dollar Investment
This announcement follows a report in the Journal the day before that said OpenAI will be leading a funding round with an investment of approximately $1 billion from venture capital company Thrive Capital.
Reuters reached out to Apple and OpenAI for comment, but neither company responded immediately. Thrive Capital, Nvidia, and Microsoft all chose not to comment.
OpenAI Integrated into Apple Devices
Because of the growing importance of OpenAI to Apple's AI plan, the iPhone maker integrated the chatbot ChatGPT from the AI business into Apple devices in June as part of "Apple Intelligence."
Moreover, Apple has reportedly become an observer on OpenAI's board of directors.
Microsoft to Participate in Funding
The Wall Street Journal states that OpenAI's biggest strategic investor, Microsoft, will reportedly take part in the investment round as well. Microsoft has invested over $10 billion in OpenAI.
No information has been released regarding the precise sums invested by Apple, Microsoft, and Nvidia.
After OpenAI's debut of ChatGPT in late 2022 started an AI arms race, corporations across industries invested billions in the technology to remain ahead of the competition and win market share. This led to OpenAI's high valuation.
Thrive Capital's so-called tender offer allegedly valued the Sam Altman-led firm at $80 billion in February after the company finalized a deal to sell existing shares.


Novo Nordisk Raises 2025 Outlook Despite Wegovy Pill Miss and CagriSema Setback
Qantas Shares Climb as Long-Haul Pilot Deal Eases Strike Concerns
AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow
Heineken H1 Operating Profit Meets Forecast as Beer Volumes Beat Expectations
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised
SpaceX Targets Starship Flight 14 With First V3 Starlink Satellite Launch
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook
SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal
Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat
Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop
SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns
SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations
Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 



