Nvidia and Apple could become OpenAI’s newest investors

OpenAITHE artificial intelligence rear start popular chatbot ChatGPThe reported launched its latest round of funding — and investors could include some of the biggest names in tech.

Chip giant Nvidia NVDA is in talks with OpenAI about a possible $100 million contribution in funding, Bloomberg reported citing people familiar with the matter. Apple AAPL and Microsoft MSFT they are also thinking about granting financing.

This new one fundraising roundled by venture capital firm Thrive Capital with a $1 billion investment, would value OpenAI at more than $100 billion, The Wall Street Journal first reported on Wednesday.

Microsoft owns a 49 percent share of OpenAI’s profits after contributing about $13 billion to the startup, including $10 billion in support in January 2023.

Over the past two years, OpenAI has become the most influential generative AI company on the market. ChatGPT shot 100 million users weekly earlier this year and kicked off the genAI and chatbot boom with the success of its flagship model.

With this growth, OpenAI’s influence and value continued to snowball. A deal that allows employees to sell stakes in the company that OpenAI has rated 86 billion dollars at the end of last year, almost triple from the earliest in 2023.

Nvidia has been one of the biggest beneficiaries of the AI ​​boom, which has boosted the stock market capitalization of the Santa Clara, California-based chipmaker. 3 trillion dollars at the beginning of this year. Nvidia’s powerful chips are critical infrastructure for companies like OpenAI, and they’re commonplace train genAI models.

Ultimately, OpenAI hopes to achieve what is known as artificial general intelligence, or AGI—a futuristic vision of machines that can do almost anything as well as humans.

Last month, the company distributed a five-level system has developed to track its progress with employees, with a spokesperson telling Bloomberg that it is already at level two, “Reasoners.” There is AI that can solve basic problems and is at the level of a human with a PhD but no access to the tools.

Critics, including former OpenAI employees, warned, however, that the company and its ambitions pose “serious risks”. In May, OpenAI disbanded his “Superalignment” team.who was responsible for working on the problem of the existential dangers of AI. The company said the team’s work will be absorbed by other research efforts in OpenAI.