Apple reportedly backs out of OpenAI funding round [Video]

In a short-lived will-they-won’t-they love story to rival the likes of Heathcliff and Catherine, Apple is reportedly no longer in talks with ChatGPT creator OpenAI for investing in its latest fundraising round.

The Washington Post reported on Friday that a “knowledgeable person” reported that Apple fell out of talks to join this round. It’s a surprise because the news came at such a late hour — the talks are scheduled to wrap up this upcoming week — but shouldn’t shock anyone too intensely. Apple rarely invests in another Silicon Valley company, and is known for being pretty conservative in the world of direct investments and acquisitions in comparison to other tech giants.

Microsoft and Nvidia are still holding strong in their hopes to invest in OpenAI. According to the Washington Post, Microsoft is expected to invest $1 billion in addition to the $13 billion its already invested into OpenAI, which has helped …